Kvasir Technologies Ltd
11554676
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
29/12/2026
Confirmation statement
Last: 08/05/2025
Due 22/05/2026
Industry
Officers
director · Since 05/09/2018
director · Since 05/09/2018
INVESTOR
BRITISH · ENGLAND · Age 48
Also on 7 other boards
director · Since 25/09/2018
Persons with Significant Control
Former PSCs
Brothers In Arms Aps
Ceased 01/02/2024
Oberhuber Limited
Ceased 21/08/2019
CompanyRankvs 472+ SIC 35140 peers55
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 concern are d
Key FinancialsYear ending 31/03/2024
Net Worth
£2
Balance sheet strength
Cash
£1.8M
Cash in the bank
Profit Before Tax
-£3.3M
Bottom line earnings
Net Current Assets
£2.1M
Working capital
Current Assets
£2.3M
Current Liabilities
£190k
Fixed Assets
£16k
Debtors
£464k
Cost of Sales
£1.4M
Admin Expenses
£2.5M
Profit After Tax
-£3.1M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 11.97 |
| 2023 | 39.33 |
| 2022 | 39.71 |
| 2020 | 7.89 |
| 2019 | 2.21 |
Derived from filed accounts. Not audited figures.