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Korutek Engineering Ltd

10226412

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

CENTRUM, NORWICH, NR4 7UG
Incorporated 10/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28930
Manufacture of machinery for food, beverage and tobacco processing
33200
Installation of industrial machinery and equipment

Officers

Mr Abdul-Rahim Ali

director · Since 10/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Mr Gerard Edward Bird

director · Since 24/09/2020

ENGINEER

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Abdul-Rahim Ali

25–50% shares

British · England · Age 41

Centrum, Norwich Research Park, Norwich, NR4 7UG

Notified 21/07/2024

Mr Gerard Edward Bird

25–50% shares

British · England · Age 50

Centrum, Norwich Research Park, Norwich, NR4 7UG

Notified 21/07/2024

Former PSCs

Mr Abdul-Rahim Ali

Ceased 08/09/2021

Mr Gerard Edward Bird

Ceased 08/09/2021

Grab Holdings Limited

Ceased 21/07/2024

CompanyRankvs 139+ SIC 28930 peers
61

Financial strength59th percentile among SIC peers · 15/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees9/15 pts

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

Liquidity12/20 pts

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

Longevity10/15 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 30/03/2025

Net Worth

£62k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£168k

Current Liabilities

£139k

Fixed Assets

£104k

3avg. employees

Balance Sheet

Assets less current liabilities£133k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.21+£31k
20242.15+£19k
20231.80+£3k
20221.37-£41k
20201.20+£16k
20194.34-£12k
20193.61

Derived from filed accounts. Not audited figures.