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K Street 51 Limited

11952433

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

MERCURY PLACE, LEICESTER, LE1 1QG
Incorporated 17/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Saleh Abdullah Alsubeaei

director · Since 17/04/2019

DIRECTOR

SAUDI ARABIAN · SAUDI ARABIA · Age 60

Also on 6 other boards

Mr Wasim Wali Choudhury

director · Since 17/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 28 other boards

Charges3 outstanding

Charge
outstanding

ABU DHABI AL ISLAMI UK

Created 04/06/2024Registered 07/06/2024
Charge
outstanding

ABU DHABI AL ISLAMI UK

Created 11/01/2021Registered 14/01/2021
Charge
outstanding

ADIB (UK) LIMITED

Created 30/05/2019Registered 06/06/2019

CompanyRankvs 175360+ SIC 68209 peers
20

Financial strength9th percentile among SIC peers · 2/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.18× · 2/20
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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175360K Street 51 Limited
40
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.

Employees14/15 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.

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

of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied: 2.2 Going concern The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 31/12/2024

Net Worth

-£25k

Balance sheet strength

Cash

£92k

Cash in the bank

Net Current Assets

-£3.7M

Working capital

Current Assets

£845k

Current Liabilities

£4.6M

Fixed Assets

£3.7M

Debtors

£753k

3avg. employees

Tax at Year End

Corp tax£15k

Balance Sheet

Bank loans & overdrafts£2.8M
Assets less current liabilities-£25k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18+£45k
20230.08-£457k
20220.30+£87k
20210.30+£105k
20200.30+£97k
20190.35—

Derived from filed accounts. Not audited figures.