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Akp Limited

09863738

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

NUMBER SIXTY ONE, LOWESTOFT, NR32 1PL
Incorporated 09/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mrs Tracy Jayne Read

director · Since 09/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 58

Mr Wayne Ashley Read

director · Since 09/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr Wayne Ashley Read

25–50% shares
25–50% votes

British · England · Age 59

2 Broome Gardens, Belton, Great Yarmouth, NR31 9BP

Notified 06/04/2016

Mrs Tracy Jayne Read

25–50% shares
25–50% votes

British · England · Age 58

2 Broome Gardens, Belton, Great Yarmouth, NR31 9BP

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

WAYNE ASHLEY READ

Created 28/11/2016Registered 28/11/2016
Charge
outstanding

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 15/08/2016Registered 25/08/2016
Charge
outstanding

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 15/08/2016Registered 25/08/2016

CompanyRankvs 1374+ SIC 25620 peers
48

Financial strength58th percentile among SIC peers · 14/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

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.

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.

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

£124k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£100k

Working capital

Current Assets

£218k

Current Liabilities

£318k

Fixed Assets

£648k

Debtors

£122k

13avg. employees-3

Balance Sheet

Assets less current liabilities£548k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69-£84k
20231.20

Derived from filed accounts. Not audited figures.