Kernel Limited
11283183
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 28/03/2026
Due 11/04/2027
Industry
Officers
director · Since 15/06/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 2 other boards
director · Since 12/06/2020
CFO
BRITISH · ENGLAND · Age 48
Also on 8 other boards
Persons with Significant Control
Kernel Bidco Limited
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
HSBC UK BANK PLC AS SECURITY AGENT
TH SCIURUS S.A R.L.
CompanyRankvs 5675+ SIC 78109 peers48
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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 concern are d
Key FinancialsYear ending 31/12/2025
Turnover
£221k
Annual revenue
Net Worth
£4.5M
Balance sheet strength
Cash
£136k
Cash in the bank
Profit Before Tax
-£660k
Bottom line earnings
Net Current Assets
-£301k
Working capital
Current Assets
£4.8M
Current Liabilities
£5.1M
Fixed Assets
£9.3M
Debtors
£4.7M
Cost of Sales
£21k
Gross Profit
£199k
Admin Expenses
£4.6M
Operating Profit
-£190k
Profit After Tax
-£622k
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.94 | -£2.6M |
Derived from filed accounts. Not audited figures.