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Akn Build Ltd

11830818

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

PARK HOUSE, LEICESTER, LE1 3RW
Incorporated 18/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Wesley Gibson

director · Since 18/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Mr Richard James Quarmby

director · Since 01/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Wesley Gibson

25–50% shares
25–50% votes

British · United Kingdom · Age 46

Park House, 37 Clarence Street, Leicester, LE1 3RW

Notified 18/02/2019

Mr Richard James Quarmby

50–75% shares
50–75% votes

British · England · Age 58

Park House, 37 Clarence Street, Leicester, LE1 3RW

Notified 28/02/2021

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 29/09/2025Registered 06/10/2025
Charge
satisfied

BIZLEND LTD

Created 03/04/2024Registered 10/04/2024Satisfied 04/07/2025
Charge
satisfied

TFG CAPITAL LIMITED

Created 02/01/2024Registered 03/01/2024Satisfied 19/08/2025
Charge
satisfied

BIZLEND LTD

Created 08/12/2023Registered 18/12/2023Satisfied 10/04/2024
Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 06/07/2022Registered 06/07/2022
Charge
satisfied

ULTIMATE FINANCE LIMITED

Created 20/04/2020Registered 21/04/2020Satisfied 07/07/2022

CompanyRankvs 9835+ SIC 41201 peers
43

Financial strength81th percentile among SIC peers · 20/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion, except for the possible effects of the matter described below. Material uncertainty related to going concern We draw attention to Note 2 in the financial statements, which indicates that the company reported net assets of £74,638 as at 28 February 2025 and had net liabilities of £1,109,200 as a

Key FinancialsYear ending 28/02/2025

Turnover

£24.3M

Annual revenue

Net Worth

£75k

Balance sheet strength

Cash

£108k

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

-£625k

Working capital

Current Assets

£5.6M

Current Liabilities

£6.2M

Fixed Assets

£1.2M

Debtors

£5.3M

Cost of Sales

£20.9M

Gross Profit

£3.3M

Admin Expenses

£2.0M

Operating Profit

£1.3M

Profit After Tax

£1.2M

43avg. employees

Tax at Year End

Corp tax£635k

People Costs

Wages & salaries£1.7M
NI contributions£164k

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£578k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90+£0
20250.90-£371k
20241.07+£36k
20231.18+£10k
20221.28+£312k
20211.01+£57k
20201.17

Derived from filed accounts. Not audited figures.