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Karmik Uk Ltd

10587215

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FAIRFAX HOUSE HODGSON LANE, BRADFORD, BD11 1JS
Incorporated 27/01/2017

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/01/2026

Due 29/01/2027

On track

Industry

31020
Manufacture of kitchen furniture

Officers

Mr Michael Baziw

director · Since 27/01/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 16 other boards

Persons with Significant Control

Mr Michael Baziw

75–100% shares
75–100% votes

British · United Kingdom · Age 61

25 Stonehouse Drive, Queensbury, Bradford, BD13 2FB

Notified 27/01/2017

Former PSCs

Mr Jason Christopher Baziw

Ceased 31/10/2025

Charges1 outstanding

Charge
outstanding

4SYTE LTD

Created 31/10/2025Registered 03/11/2025
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 29/05/2020Registered 02/06/2020Satisfied 30/10/2025
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 15/03/2017Registered 22/03/2017Satisfied 03/11/2025
Charge
satisfied

KARMIK LTD

Created 13/03/2017Registered 13/03/2017Satisfied 03/06/2019

CompanyRankvs 519+ SIC 31020 peers
58

Financial strength91th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Burbidge & Son Limited
90
2Sigma 3 (Kitchens) Limited
90
3Avanti Fitted Kitchens Limited
90
4East Coast Fittings Limited
90
5Roundel Manufacturing Limited
90
6Crown Products (Kent) Limited
90
7Grantech Limited
90
8Pineland Furniture Limited
90
9Granite Tops (Uk) Limited
90
10Sunny Bedrooms & Kitchen Limited
90
519Karmik Uk Ltd
64
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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.

Longevity9/15 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 31/03/2025

Net Worth

£224k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£630k

Current Liabilities

£639k

Fixed Assets

£722k

Debtors

£310k

27avg. employees

Tax at Year End

VAT£9k

Director Loans

Company owes directors£129k

Balance Sheet

Assets less current liabilities£713k
Signed by Mr MICHAEL BAZIW 21 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.99+£28k£170k
20240.97+£27k£69k
20231.11-£78k£224k
20221.27+£27k£224k
20211.64+£175k£673k
20200.94+£16k£673k
20190.83—£1.8M

Derived from filed accounts. Not audited figures.