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Wksa

06755131

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

KOREAN MARTIAL ARTS 128 HELLESDON PARK ROAD, NORWICH, NR6 5DR
Incorporated 21/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93120
Activities of sport clubs

Officers

Mr Erik Hyun-Duk Suh

director · Since 19/07/2023

LAWYER

AMERICAN · UNITED STATES · Age 29

Also on 1 other board

Sungwoo Alex Suh

director · Since 15/05/2025

MARTIAL ARTS INSTRUCTOR

AMERICAN,SOUTH KOREAN · UNITED STATES · Age 58

Also on 2 other boards

Persons with Significant Control

Sungwoo Alex Suh

Significant control

American,South Korean · United States · Age 58

Korean Martial Arts, 128 Hellesdon Park Road, Norwich, NR6 5DR

Notified 15/05/2025

Former PSCs

Mr In Hyuk Suh

Ceased 15/05/2025

CompanyRankvs 4568+ SIC 93120 peers
48

Financial strength13th percentile among SIC peers · 3/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£4k

Current Liabilities

£7k

Fixed Assets

£1k

2avg. employees

Balance Sheet

Assets less current liabilities-£1k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20240.62

Derived from filed accounts. Not audited figures.