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Karina Engineering Limited

11681797

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 40, HULL, HU2 0PZ
Incorporated 16/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr David Andrew Cone

director · Since 16/11/2018

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Ian David Winn

director · Since 16/11/2018

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Persons with Significant Control

Mr David Andrew Cone

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

Unit 40, 260 Wincolmlee, Hull, HU2 0PZ

Notified 16/11/2018

Mr Ian David Winn

25–50% shares
25–50% votes
Appoint directors

British · England · Age 61

Unit 40, 260 Wincolmlee, Hull, HU2 0PZ

Notified 16/11/2018

CompanyRankvs 5867+ SIC 71121 peers
44

Financial strength4th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.54× · 6/20
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.

Employees14/15 pts

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

Liquidity6/20 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 30/11/2025

Net Worth

-£36k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£59k

Current Liabilities

£111k

Fixed Assets

£15k

Debtors

£51k

Profit After Tax

-£23k

8avg. employees-1

Tax at Year End

Corp tax£1k

People Costs(2024)

Wages & salaries£172k
NI contributions£9k

Balance Sheet

Assets less current liabilities-£36k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.54-£19k
20240.81-£23k
20231.03

Derived from filed accounts. Not audited figures.