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Kang Logistics Ltd

11031211

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)
  • Current liabilities exceed current assets (-10)

Details

BRIDGE HOUSE, COVENTRY, CV6 4AD
Incorporated 25/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

Officers

Amritpal Singh Kang

director · Since 25/10/2017

British

CompanyRankvs 22900+ SIC 53202 peers
60

Financial strength78th percentile among SIC peers · 20/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.59× · 6/20
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 strength20/25 pts

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

Employees10/15 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.

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

£10k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£14k

Current Liabilities

£24k

Fixed Assets

£23k

Debtors

£3k

2avg. employees+1

Balance Sheet

Assets less current liabilities£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59+£9k
20211.31

Derived from filed accounts. Not audited figures.