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Korko Limited

11001115

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

9FD, MAIDSTONE RD, BLUE BELL HILL, CHATHAM MAIDSTONE ROAD, CHATHAM, ME5 9QP
Incorporated 06/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10390
Other processing and preserving of fruit and vegetables
10720
Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
10840
Manufacture of condiments and seasonings
11070
Manufacture of soft drinks; production of mineral waters and other bottled waters

Officers

Mrs Hermina Korko Lartey

director · Since 06/10/2017

ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mrs Hermina Korko Lartey

75–100% shares

British · United Kingdom · Age 49

Innovation Centre, 9fd Maidstone Road, Maidstone, ME5 9QP

Notified 06/10/2017

CompanyRankvs 524+ SIC 10390 peers
30

Financial strength5th percentile among SIC peers · 1/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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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.

Employees3/15 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 31/10/2024

Net Worth

-£56k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£5k

Current Liabilities

£41k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£36k
Signed by 11001115 2023-11-01 2024-10-31 11001115 2024-10-31 11001115 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12+£2k
20230.08-£9k
20220.15-£11k
20210.29-£6k
20200.26-£42k
20180.33

Derived from filed accounts. Not audited figures.