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Karats Limited

04601876

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

MANDOLIN WINDS, HONITON, EX14 3EJ
Incorporated 27/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Christopher John Welch

director · Since 27/11/2002

DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Christopher John Welch

75–100% shares
75–100% votes
Appoint directors

British · England · Age 50

Mandolin Winds, Buckerell, Honiton, EX14 3EJ

Notified 06/04/2016

CompanyRankvs 1646+ SIC 47789 peers
74

Financial strength81th percentile among SIC peers · 20/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.57× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1646Karats Limited
74
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£119k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£63k

Current Liabilities

£25k

Fixed Assets

£80k

Debtors

£39k

1avg. employees

Balance Sheet

Intangible assets£3k
Assets less current liabilities£121k
Signed by 04601876 2024-04-01 2025-03-31 04601876 2025-03-31 04601876 bus:OrdinaryShareClass1 2025-03-31 04601876 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.57+£44k
20241.14+£11k
20230.67+£32k
20220.53+£30k
20210.32-£35k
20200.43+£32k
20190.27—

Derived from filed accounts. Not audited figures.