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Cubitts Kx Limited

08254044

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

THE BREWERY BUILDING, 55-61, LONDON, N7 9QH
Incorporated 15/10/2012

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/01/2026

Due 18/01/2027

On track

Industry

47782
Retail sale by opticians

Officers

Mr Thomas Edward Broughton

director · Since 15/10/2012

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Cubitts Kx Group Ltd

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

97, Caledonian Road, London, N1 9BT

Reg: 09180837 · Register Of Companies · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

CARL ZEISS VISION UK LIMITED

Created 19/01/2024Registered 23/01/2024
Charge
outstanding

HSBC UK BANK PLC

Created 27/04/2020Registered 30/04/2020
Charge
outstanding

HSBC UK BANK PLC

Created 27/04/2020Registered 29/04/2020

CompanyRankvs 1077+ SIC 47782 peers
30

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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.

Longevity14/15 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

significant doubt on the Company’s ability to continue as a going concern. The assessment confirms that no such material uncertainties exist. Financial forecasts incorporate assumptions regarding revenue growth, profitability, and cost structures, all of which have been ca

Key FinancialsYear ending 31/03/2025

Turnover

£16.1M

Annual revenue

Net Worth

-£686k

Balance sheet strength

Cash

£576k

Cash in the bank

Profit Before Tax

£169k

Bottom line earnings

Net Current Assets

-£1.9M

Working capital

Current Assets

£4.7M

Current Liabilities

£6.5M

Fixed Assets

£2.1M

Debtors

£1.5M

Cost of Sales

£4.1M

Gross Profit

£12.0M

Admin Expenses

£11.9M

Operating Profit

£273k

Profit After Tax

-£35k

147avg. employees+54

People Costs

Wages & salaries£4.5M
NI contributions£434k

Balance Sheet

Intangible assets£668k
Bank loans & overdrafts£887k
Assets less current liabilities£238k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.71+£1.0M
20231.59—

Derived from filed accounts. Not audited figures.