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K2b Limited

04660895

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

8 HILLS COURT, SLEAFORD, NG34 7EU
Incorporated 10/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46180
Agents specialised in the sale of other particular products

Officers

Mrs Nicola Joanne Terry

secretary · Since 02/09/2024

Also on 3 other boards

Mr Neil James Terry

director · Since 02/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 3 other boards

Mrs Nicola Joanne Terry

director · Since 02/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

K2b Holdings Limited

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

8 Hills Court, Hills Court, Sleaford, NG34 7EU

Reg: 12497160 · Registrar Of Companies · Limited Company

Notified 06/04/2016

Former PSCs

Mr Glenn Binns

Ceased 02/09/2024

Mr Kenneth Michael Parsons

Ceased 26/06/2018

Mr Gavin John Murison Bowie

Ceased 09/03/2020

Charges1 outstanding

Charge
outstanding

GLENN BINNS

Created 02/09/2024Registered 12/09/2024
charge
satisfied

BARCLAYS BANK PLC

Created 12/02/2004Registered 03/03/2004Satisfied 17/06/2024

CompanyRankvs 231+ SIC 46180 peers
76

Financial strength93th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£774k

Balance sheet strength

Cash

£412k

Cash in the bank

Net Current Assets

£752k

Working capital

Current Assets

£1.5M

Current Liabilities

£711k

Fixed Assets

£23k

Debtors

£624k

4avg. employees

Tax at Year End(2019)

Corp tax£168k

Balance Sheet

Assets less current liabilities£774k
Signed by Mr N J Terry 25 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.06-£3.7M
202415.78+£612k
202315.21+£723k
20229.28+£919k
202112.80-£578k
202018.23
201910.88
201710.22

Derived from filed accounts. Not audited figures.