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Kang'S Construction Ltd

11586686

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

68 ROSEMARY CRESCENT WEST, WOLVERHAMPTON, WV4 5AP
Incorporated 25/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Gurmail Singh Kang

director · Since 25/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 6 other boards

Persons with Significant Control

Mr Gurmail Singh Kang

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

British · England · Age 44

68, Rosemary Crescent West, Wolverhampton, WV4 5AP

Notified 25/09/2018

CompanyRankvs 21208+ SIC 41201 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£33k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£18k

Current Liabilities

£51k

3avg. employees

Balance Sheet

Assets less current liabilities-£33k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35+£4k
20230.27+£1k
20220.32-£45k
20211.43

Derived from filed accounts. Not audited figures.