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Nik Karthik Associates Ltd

10261008

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

54 HILLSIDE ROAD, READING, RG6 7LP
Incorporated 04/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mrs Sreelata Labhala

director · Since 04/07/2016

IT CONSULTANT

INDIAN · ENGLAND · Age 39

Persons with Significant Control

Sreelata Labhala

75–100% shares
75–100% votes
Appoint directors

Indian · United Kingdom · Age 39

54, Hillside Road, Berkshire, RG6 7LP

Notified 04/07/2016

Former PSCs

Jagadeesh Ratnala

Ceased 04/07/2016

CompanyRankvs 60799+ SIC 62020 peers
50

Financial strength12th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.82× · 20/20
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 strength3/25 pts

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

Employees2/15 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.

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 31/03/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£16k

Current Liabilities

£6k

Fixed Assets

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£13k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20252.82+£499
20242.26-£6k
20232.41+£2k
20226.30
20212.25
20201.33
20191.09

Derived from filed accounts. Not audited figures.