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Krome Technologies Ltd

07031219

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

KROME HOUSE, CHERTSEY, KT16 8ER
Incorporated 26/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Samuel Laurence Mager

director · Since 06/11/2009

NONE

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr Rupert Douglas Mills

director · Since 06/11/2009

NONE

BRITISH · UNITED KINGDOM · Age 50

Also on 5 other boards

Mr Alexander John Wyndham Rogers

secretary · Since 01/11/2018

Also on 6 other boards

Mrs Dadona Lucy Mager

director · Since 01/09/2021

MARKETING DIRECTOR

BRITISH · ENGLAND · Age 47

Mrs Danielle Jayne Hammond

director · Since 01/09/2021

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Simon James Archibald

director · Since 01/09/2021

SALES DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Benjamin Peter Randall

director · Since 01/09/2021

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Alexander John Wyndham Rogers

director · Since 01/09/2021

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Persons with Significant Control

Mr Rupert Douglas Mills

25–50% shares

British · England · Age 50

Krome House, Pound Road, Chertsey, KT16 8ER

Notified 06/04/2016

Mr Samuel Laurence Mager

25–50% shares

British · England · Age 47

Krome House, Pound Road, Chertsey, KT16 8ER

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/01/2019Registered 30/01/2019
Charge
outstanding

LLOYDS BANK PLC

Created 20/11/2017Registered 20/11/2017
charge
satisfied

TMF CHANNEL ISLANDS LIMITED AND TMF CHARITABLE TRUSTEE LIMITED ACTING IN THEIR CAPACITY AS JOIN

Created 04/03/2013Registered 09/03/2013Satisfied 29/11/2019
charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 08/02/2012Registered 10/02/2012
charge
outstanding

LLOYDS TSB BANK PLC

Created 03/01/2012Registered 05/01/2012
charge
satisfied

BARCLAYS BANK PLC

Created 13/11/2009Registered 25/11/2009Satisfied 30/07/2014

CompanyRankvs 3614+ SIC 62020 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

or ● the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the information in

Key FinancialsYear ending 31/10/2020

Turnover

£18.3M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

£250k

Bottom line earnings

Net Current Assets

£1.0M

Working capital

Current Assets

£6.5M

Current Liabilities

£5.5M

Fixed Assets

£432k

Debtors

£2.5M

Cost of Sales

£12.9M

Gross Profit

£5.4M

Admin Expenses

£5.1M

Operating Profit

£251k

Profit After Tax

£287k

80avg. employees

Tax at Year End

Corp tax£98k
Dividends paid£39k

People Costs

Wages & salaries£2.8M
NI contributions£281k

Balance Sheet

Bank loans & overdrafts£1.3M
Assets less current liabilities£1.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20201.18+£418k
20181.33

Derived from filed accounts. Not audited figures.