Karatera Limited
10057097
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/04/2016
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 7 other boards
director · Since 01/09/2025
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 2 other boards
Persons with Significant Control
Mr Harnoop Singh Atkar
British · England · Age 39
Unit 1 & 2 Newbury Central, 17-18 Regal House, Ilford, IG2 7JW
Notified 06/04/2016
Former PSCs
Mr Kulwant Singh Gill
Ceased 06/04/2016
CompanyRankvs 46700+ SIC 41100 peers48
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£9k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£48k
Working capital
Current Assets
£3.6M
Current Liabilities
£3.7M
Fixed Assets
£64k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.99 | -£19k |
| 2024 | 0.42 | +£103k |
| 2023 | 0.78 | +£29k |
| 2022 | 0.73 | +£4k |
| 2021 | 0.79 | -£129k |
| 2020 | 1.01 | -£1k |
| 2019 | 1.06 | — |
Derived from filed accounts. Not audited figures.