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Karrek Financial Management Limited

05420119

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

9 HILGROVE ROAD, CORNWALL, TR7 2QY
Incorporated 09/04/2005

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/04/2026

Due 11/05/2027

On track

Industry

66290
Other activities auxiliary to insurance and pension funding

Officers

Mr Andrew Simon Turner

director · Since 09/04/2005

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Richard Thomas Olive

secretary · Since 26/05/2005

FINANCIAL ADVISER

BRITISH

Mr Richard Thomas Olive

director · Since 01/01/2022

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Andrew Simon Turner

Significant control

British · England · Age 62

9 Hilgrove Road, Cornwall, TR7 2QY

Notified 09/04/2017

Charges2 outstanding

charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 23/04/2008Registered 09/05/2008Satisfied 27/04/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/07/2005Registered 28/07/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/07/2005Registered 28/07/2005

CompanyRankvs 48+ SIC 66290 peers
77

Financial strength97th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 8.8× · 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 strength24/25 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 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£534k

Cash in the bank

Net Current Assets

£796k

Working capital

Current Assets

£889k

Current Liabilities

£101k

Fixed Assets

£854k

Debtors

£355k

4avg. employees

Balance Sheet

Intangible assets£483k
Assets less current liabilities£1.6M

EstimatesDerived

YearCurrent RatioImplied Profit
20248.80-£18k
202310.14-£30k
20216.09+£268k
20202.48+£246k
20203.01+£129k
20194.15+£213k
20181.97

Derived from filed accounts. Not audited figures.