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K2 Physiocare Limited

07597583

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3B LOCKHEED COURT, STOCKTON ON TEES, TS18 3SH
Incorporated 08/04/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86220
Specialist medical practice activities

Officers

Mr Atle Karstad

director · Since 08/04/2011

PHYSIOTHERAPIST

BRITISH · UNITED KINGDOM · Age 70

Mrs Jillian Karstad

director · Since 08/04/2011

PHYSIOTHERAPIST

BRITISH · UNITED KINGDOM · Age 68

Persons with Significant Control

Mrs Jillian Karstad

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 68

12a The Vale, Hartlepool, TS26 0AA

Notified 09/04/2016

Mr Atle Karstad

25–50% shares
25–50% votes

British · United Kingdom · Age 70

12a The Vale, Hartlepool, TS26 0AA

Notified 14/06/2021

CompanyRankvs 11413+ SIC 86220 peers
56

Financial strength20th percentile among SIC peers · 5/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 11.38× · 20/20
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 strength5/25 pts

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

Employees1/15 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£100

Balance sheet strength

Cash

£229k

Cash in the bank

Net Current Assets

£323k

Working capital

Current Assets

£354k

Current Liabilities

£31k

Fixed Assets

£10k

Debtors

£125k

0avg. employees-2

Balance Sheet

Assets less current liabilities£333k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202511.38
202416.05
202318.65
202217.16
202116.27
202011.55
201910.17
20189.07

Derived from filed accounts. Not audited figures.