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K A P Freight Limited

11689775

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

24 PICTON HOUSE, WATERLOOVILLE, PO7 7SQ
Incorporated 21/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Lesley Merrett

director · Since 28/03/2025

British

Paul James Merrett

director · Since 21/11/2018

British

Former

Andrew Roy Clay

director · Resigned 22/07/2020

Kevin Phillip Puleston

director · Resigned 22/07/2020

Keiran Maxwell Joseph Redriff

director · Resigned 28/03/2025

CompanyRankvs 304070+ SIC 49410 peers
42

Financial strength6th percentile among SIC peers · 2/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity7/15 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 31/03/2025

Net Worth

-£16k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£190k

Current Liabilities

£254k

Fixed Assets

£104k

Debtors

£188k

3avg. employees+3

Balance Sheet

Assets less current liabilities£39k
Signed by Mr Paul Merrett 5 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75-£26k
20230.98

Derived from filed accounts. Not audited figures.