Kit Log Ltd
08553678
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/06/2025
total exemption full
Next accounts due
31/03/2027
Confirmation statement
Last: 01/07/2025
Due 15/07/2026
Industry
Officers
director · Since 10/12/2018
NON EXECUTIVE DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 13 other boards
Persons with Significant Control
Mr Ben Scholes
British · United Kingdom · Age 42
Papertrail Offices, M-Sparc, Gaerwen, LL60 6AR
Notified 06/04/2016
Former PSCs
Mr Robert William Walker
Ceased 10/12/2018
CompanyRankvs 391200+ SIC 62090 peers35
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. Functional and Presentational Currency: The company's functional and presentational currency is GBP. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 30/06/2025
Net Worth
-£625k
Balance sheet strength
Cash
£42k
Cash in the bank
Net Current Assets
-£581k
Working capital
Current Assets
£134k
Current Liabilities
£715k
Fixed Assets
£6k
Debtors
£93k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.19 | -£316k | £756k |
| 2024 | 0.40 | -£287k | — |
| 2023 | 0.96 | -£219k | — |
| 2022 | 5.11 | +£210k | — |
| 2021 | 4.96 | +£71k | — |
| 2020 | 4.09 | -£95k | — |
| 2019 | 5.09 | -£51k | — |
| 2018 | 6.18 | — | — |
Derived from filed accounts. Not audited figures.