Karvas Inc Ltd
10417707
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/10/2016
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 1 other board
Persons with Significant Control
Mr Somasekhar Velivelli
British · England · Age 44
36, Olympic Crescent, Milton Keynes, MK10 7LE
Notified 10/10/2016
Mrs Neelima Velivelli
Indian · England · Age 40
36, Olympic Crescent, Milton Keynes, MK10 7LE
Notified 17/01/2017
CompanyRankvs 22019+ SIC 62020 peers70
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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 31/10/2024
Net Worth
£44k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£59k
Working capital
Current Assets
£60k
Current Liabilities
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 47.13 | +£38k |
| 2023 | 17.48 | — |
| 2022 | 1235.82 | — |
| 2021 | 27.32 | — |
| 2020 | 5.51 | — |
| 2019 | 0.34 | -£24k |
| 2018 | 1.92 | — |
Derived from filed accounts. Not audited figures.