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Karma Electrical & Fire Systems Ltd

09357871

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

CRANE COURT, IPSWICH, IP2 0AJ
Incorporated 17/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Karl Paul Sharman

director · Since 17/12/2014

DIRECTOR

BRITISH · ENGLAND · Age 57

Mrs Kerry Louise Sharman

director · Since 01/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Karl Paul Sharman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 57

Crane Court, 302 London Road, Ipswich, IP2 0AJ

Notified 06/04/2016

Mrs Kerry Louise Sharman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

Crane Court, 302 London Road, Ipswich, IP2 0AJ

Notified 01/01/2017

CompanyRankvs 1380+ SIC 43210 peers
85

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.21× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 pts

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

Longevity11/15 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 31/12/2024

Net Worth

£394k

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

£315k

Working capital

Current Assets

£576k

Current Liabilities

£260k

Fixed Assets

£151k

Debtors

£393k

16avg. employees

Balance Sheet

Assets less current liabilities£466k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.21+£73k
20232.45-£153k
20222.71+£87k
20212.35+£81k
20202.11-£5k
20192.11+£149k
20181.66

Derived from filed accounts. Not audited figures.