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K2bz Limited

09111638

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1 DRAKE WALK, CARDIFF, CF10 4AN
Incorporated 02/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Katy Suzannah Bailey

director · Since 02/07/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Mr Kristian Bailey

director · Since 02/07/2014

DIRECTOR

BRITISH · WALES · Age 51

Persons with Significant Control

Mr Kristian Bailey

25–50% shares
25–50% votes

British · Wales · Age 51

1, Drake Walk, Cardiff, CF10 4AN

Notified 06/04/2016

Mrs Katy Bailey

25–50% shares
25–50% votes

British · Wales · Age 40

1, Drake Walk, Cardiff, CF10 4AN

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/08/2014Registered 28/08/2014
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/08/2014Registered 07/08/2014

CompanyRankvs 72640+ SIC 68209 peers
49

Financial strength71th percentile among SIC peers · 18/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees12/15 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.

Longevity12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£42k

Balance sheet strength

Cash

£103

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£15k

Current Liabilities

£66k

Debtors

£15k

2avg. employees+2

Tax at Year End(2023)

Corp tax£285

Balance Sheet

Bank loans & overdrafts£177k
Assets less current liabilities£224k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.23-£16k
20230.00-£46k
20220.86-£4k
20210.98+£21k
20200.79+£17k
20190.56+£7k
20180.49

Derived from filed accounts. Not audited figures.