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Karat Group Ltd

11682921

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

4 WOODWARDS WALK, WREXHAM, LL14 3UY
Incorporated 16/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47250
Retail sale of beverages in specialised stores
53201
Licensed carriers

Officers

Mr Asikandiah Meuran

secretary · Since 16/11/2018

Also on 4 other boards

Mr Asikandiah Meuran

director · Since 16/11/2018

BUSINESS OWNER

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/07/2020Registered 31/07/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/02/2020Registered 19/02/2020

CompanyRankvs 1253+ SIC 47250 peers
50

Financial strength73th percentile among SIC peers · 18/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£128k

Working capital

Current Assets

£285k

Current Liabilities

£412k

Fixed Assets

£395k

10avg. employees

Balance Sheet

Assets less current liabilities£267k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69-£3k
20230.66-£7k
20220.60+£2k
20218.50
202068.06

Derived from filed accounts. Not audited figures.