Akv Cladding Products Ltd
07683788
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/10/2011
NONE
BRITISH · UNITED KINGDOM · Age 41
Also on 2 other boards
director · Since 03/04/2025
GROUP FINANCE DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 4 other boards
director · Since 03/04/2025
FACADES DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 4 other boards
director · Since 03/04/2025
SALES DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 3 other boards
Persons with Significant Control
Akv Group Limited
Akv Buildings, Hackworth Industrial Park, Shildon, DL4 1HF
Notified 10/03/2017
Charges1 outstanding
SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 2370+ SIC 32990 peers58
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£14.5M
Annual revenue
Net Worth
£587k
Balance sheet strength
Cash
£504k
Cash in the bank
Profit Before Tax
£1.2M
Bottom line earnings
Net Current Assets
£530k
Working capital
Current Assets
£3.8M
Current Liabilities
£3.3M
Fixed Assets
£68k
Debtors
£3.0M
Cost of Sales
£10.8M
Gross Profit
£3.6M
Admin Expenses
£2.7M
Operating Profit
£892k
Profit After Tax
£965k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.16 | -£535k |
| 2023 | 1.26 | -£163k |
| 2022 | 1.28 | -£613k |
| 2021 | 1.51 | +£16k |
| 2020 | 1.62 | +£19k |
| 2019 | 1.33 | — |
Derived from filed accounts. Not audited figures.