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Arma Karma Limited

12002692

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

INNOVATION CENTRE, KNOWLEDGE GATEWAY, COLCHESTER, CO4 3ZQ
Incorporated 17/05/2019

Compliance

Last accounts

24/10/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Benjamin Thomas Smyth

director · Since 17/05/2019

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 34

Mr Christian Frogner

secretary · Since 16/08/2019

Also on 1 other board

Mr Christian Frogner

director · Since 16/08/2019

CFO

NORWEGIAN,AUSTRALIAN · ENGLAND · Age 35

Also on 1 other board

Mr Ryan Mark Gill

director · Since 25/11/2024

CHIEF COMMERCIAL OFFICER

BRITISH · ENGLAND · Age 43

Also on 15 other boards

Mr Craig Richard Hunter

director · Since 25/11/2024

CHIEF OPERATING OFFICER

BRITISH · UNITED KINGDOM · Age 51

Also on 12 other boards

Persons with Significant Control

Bspoke Insurance Group Ltd

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

4th Floor, 24 Old Bond Street, London, W1S 4AW

Reg: 14119717 · Register Of Companies For England And Wales · Private Limited Company

Notified 25/10/2024

Former PSCs

Mr Benjamin Thomas Smyth

Ceased 25/10/2024

Mr Christian Frogner

Ceased 25/10/2024

CompanyRankvs 4630+ SIC 66220 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.3× · 2/20
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 strength0/25 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.

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.

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

Key FinancialsYear ending 31/10/2023

Net Worth

-£256k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£193k

Working capital

Current Assets

£84k

Current Liabilities

£281k

Fixed Assets

£3k

6avg. employees-1

Balance Sheet

Assets less current liabilities-£190k
Signed by 12002692 2022-11-01 2023-10-31 12002692 2023-10-31 12002692 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20230.30+£514k
20220.01-£657k
20210.48-£246k
2020105.33

Derived from filed accounts. Not audited figures.