Akaaltec Limited
12077773
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/07/2019
TECHNICAL DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 6 other boards
Persons with Significant Control
Mr Pritpal Singh Panesar
British · England · Age 63
23, Dudley Street, Coventry, CV6 7EE
Notified 01/07/2019
Former PSCs
Mrs Balbir Kaur Panesar
Ceased 01/08/2020
CompanyRankvs 1222670+ SIC 62020 peers30
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Net Worth
-£7k
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£13k
Current Liabilities
£20k
Fixed Assets
£675
Debtors
£252
Tax at Year End(2021)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.64 | -£4k |
| 2024 | 0.85 | -£4k |
| 2023 | 1.04 | -£7k |
| 2022 | 1.43 | -£4k |
| 2021 | 1.45 | +£8k |
| 2020 | 1.23 | — |
Derived from filed accounts. Not audited figures.