Kit-Ar Limited
11546990
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/09/2018
RESEARCHER
PORTUGUESE · PORTUGAL · Age 52
Persons with Significant Control
Former PSCs
Mr Joao Carlos Costa
Ceased 25/03/2019
Manuel Oliveira
Ceased 10/07/2020
Joao Costa
Ceased 24/06/2022
Manuel Fradinho Oliveira
Ceased 24/06/2022
Sintef Venture V As
Ceased 24/06/2022
Criteria Venture Tech Sicc Sa
Ceased 28/12/2023
Fcr Armilar Venture Partners Techtransfer Fund
Ceased 28/12/2023
Charges0 outstanding
SILICON VALLEY BANK
CompanyRankvs 3868+ SIC 62090 peers71
Show leaderboard
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
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 co
Key FinancialsYear ending 31/12/2024
Turnover
£150k
Annual revenue
Net Worth
£1.8M
Balance sheet strength
Cash
£26k
Cash in the bank
Profit Before Tax
-£330k
Bottom line earnings
Net Current Assets
£291k
Working capital
Current Assets
£348k
Current Liabilities
£57k
Fixed Assets
£1.7M
Debtors
£315k
Cost of Sales
£13k
Gross Profit
£137k
Admin Expenses
£467k
Operating Profit
-£330k
Profit After Tax
-£308k
Tax at Year End(2021)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.14 | +£290k |
| 2023 | 13.09 | +£1.3M |
| 2021 | 1.10 | — |
Derived from filed accounts. Not audited figures.