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Kernel Limited

11283183

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

125 LONDON WALL, LONDON, EC2Y 5AS
Incorporated 29/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Logan Vassie Naidu

director · Since 15/06/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Mr Darren Sookramanien

director · Since 12/06/2020

CFO

BRITISH · ENGLAND · Age 48

Also on 8 other boards

A G Secretarial Limited

secretary · Since 02/04/2025

BRITISH

Also on 1446 other boards

Persons with Significant Control

Kernel Bidco Limited

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

25a, Soho Square, London, W1D 3QR

Reg: 14684330 · Companies House, England And Wales · Limited By Shares

Notified 23/03/2023

Former PSCs

Inhoco Formations Limited

Ceased 11/06/2018

Literacy Capital Plc

Ceased 23/03/2023

Mr Logan Vassie Naidu

Ceased 23/03/2023

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC AS SECURITY AGENT

Created 13/02/2026Registered 17/02/2026
Charge
outstanding

TH SCIURUS S.A R.L.

Created 21/04/2023Registered 24/04/2023

CompanyRankvs 10923+ SIC 78109 peers
30

Financial strength100th percentile among SIC peers · 25/25
Employees14th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company 's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2023

Net Worth

£7.1M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£199k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

Admin Expenses

£199k

Operating Profit

-£199k

Profit After Tax

£1.0M

0avg. employees

Balance Sheet

Total assets£7.3M
Prepared with Caseware UK (AP4) 2023.0.135