Back to search

Karsa Limited

05555186

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

101 ACACIA AVENUE, SPALDING, PE11 2LR
Incorporated 06/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Jamuna Ambikaibakan

secretary · Since 06/09/2005

BRITISH

Kandiah Ambikaibakan

director · Since 06/09/2005

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Kandiah Ambikaibakan

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

British · England · Age 56

101, Acacia Avenue, Spalding, PE11 2LR

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/07/2024Registered 23/07/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2016Registered 09/02/2016

CompanyRankvs 3034+ SIC 47110 peers
54

Financial strength90th percentile among SIC peers · 23/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.5× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Lewis & Cooper Limited
90
2Panzer (Delicatessen) Limited
90
3G.W.Proudfoot Limited
90
4Parkfoot Garage Limited
90
5Smiths (Englefield Green) Limited
90
6All Style Design Limited
90
7Partridges Of Sloane Street Limited
90
8A.A. & Sons Limited
90
9Partridges Of Sloane Square Limited
90
10John Thomas & Sons (Aberaeron) Limited
90
3034Karsa Limited
70
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.

Employees5/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

£118k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£36k

Current Liabilities

£24k

Fixed Assets

£291k

Debtors

£6k

2avg. employees-3

Balance Sheet

Assets less current liabilities£303k
Signed by Mr Kandiah Ambikaibakan 29/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50+£17k
20231.35+£11k
20221.19-£244
20210.49+£8k
20200.34+£151k
2019-0.33-£3k
2018-0.37—

Derived from filed accounts. Not audited figures.