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Premium Karting Ltd

11725665

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

81 LONGMEADS, TUNBRIDGE WELLS, TN3 0AU
Incorporated 13/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Micky Higham

director · Since 13/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Micky Higham

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

British · England · Age 41

81, Longmeads, Tunbridge Wells, TN3 0AU

Notified 13/12/2018

CompanyRankvs 10654+ SIC 93199 peers
46

Financial strength38th percentile among SIC peers · 10/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.43× · 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 strength10/25 pts

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

Employees11/15 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 31/12/2023

Net Worth

£100

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£25k

Current Liabilities

£58k

Fixed Assets

£121k

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£88k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.43

Derived from filed accounts. Not audited figures.