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Kiac Ltd

10942154

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20 MANNIN WAY, LANCASTER BUSINESS PARK, LANCASTER, LA1 3SW
Incorporated 01/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Wesley Downham

director · Since 01/09/2017

DIRECTOR

ENGLISH · ENGLAND · Age 48

Also on 4 other boards

Mr Michael Clay

director · Since 01/07/2020

FOOD AND BEVERAGE DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Wesley Downham

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

English · England · Age 48

20 Mannin Way, Lancaster Business Park, Caton Road, Lancaster, LA1 3SW

Notified 01/09/2017

CompanyRankvs 11411+ SIC 56290 peers
41

Financial strength3th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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11411Kiac Ltd
40
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£111k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£322k

Working capital

Current Assets

£21k

Current Liabilities

£343k

Fixed Assets

£210k

Debtors

£16k

10avg. employees+2

Tax at Year End(2022)

Corp tax£2k

Director Loans(2022)

Company owes directors£803
Directors owe company£3k

Balance Sheet

Intangible assets£12k
Assets less current liabilities-£111k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£24k
20230.08-£65k
20220.10-£30k

Derived from filed accounts. Not audited figures.