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Kit-Ar Limited

11546990

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

LONDON, HQ BLOOMSBURY, LONDON, WC1A 2RP
Incorporated 01/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Manuel Fradinho Oliveira

director · Since 10/01/2019

DIRECTOR

PORTUGUESE · UNITED KINGDOM · Age 53

Mr Luis Miguel Coelho De Lemos

director · Since 27/03/2024

BOARD MEMBER

PORTUGUESE · PORTUGAL · Age 58

Mr Thomas Julius Moe Bã˜Rseth

director · Since 24/03/2025

DIRECTOR

NORWEGIAN · NORWAY · Age 48

Former

Mr Joao Carlos Antunes Goncalves Costa

director · Resigned 28/08/2026

Mr Thomas Julius Moe Bã˜Rseth

director · Resigned 28/08/2026

Mr Albert Morro Vall

director · Resigned 28/08/2026

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

Charge
satisfied

SILICON VALLEY BANK

Created 04/06/2019Registered 06/06/2019Satisfied 01/11/2021

CompanyRankvs 8960+ SIC 62090 peers
63

Financial strength98th percentile among SIC peers · 25/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees13/15 pts

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

Liquidity12/20 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

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

£134k

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£22k

Cash in the bank

Profit Before Tax

-£148k

Bottom line earnings

Net Current Assets

£44k

Working capital

Current Assets

£189k

Current Liabilities

£145k

Fixed Assets

£1.7M

Debtors

£167k

Cost of Sales

£8k

Gross Profit

£126k

Admin Expenses

£288k

Operating Profit

-£148k

Profit After Tax

-£147k

3avg. employees-1

People Costs

Wages & salaries£104k
NI contributions£23k

Balance Sheet

Intangible assets£177k
Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.30-£147k
20246.14+£290k
202313.09

Derived from filed accounts. Not audited figures.