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K1 Retail Limited

08641391

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 HIGH STREET, COWES, PO31 7RZ
Incorporated 07/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47610
Retail sale of books in specialised stores
47710
Retail sale of clothing in specialised stores
47791
Retail sale of antiques including antique books in stores
47910
Retail sale via mail order houses or via Internet

Officers

Mr Jonathan Page

director · Since 28/06/2021

COUNCILLOR

BRITISH · ENGLAND · Age 46

CompanyRankvs 1195+ SIC 47610 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 31/08/2024

Net Worth

-£76k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

£2k

Current Liabilities

£77k

Fixed Assets

£489

0avg. employees

Balance Sheet

Assets less current liabilities-£75k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£139k
20230.05+£126k
20220.06-£18k
20210.11

Derived from filed accounts. Not audited figures.