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Mad K Ltd

12333842

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)
  • Negative net worth (-10)

Details

19 ALBERT GROVE, SOUTHSEA, PO5 1NG
Incorporated 26/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mr David Preston Carey

director · Since 26/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mrs Jennifer Carey

director · Since 26/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr David Richard John Endean

director · Since 26/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Mrs Jane Louise Endean

director · Since 26/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mrs Jane Louise Endean

25–50% shares
25–50% votes

British · England · Age 61

19, Albert Grove, Southsea, PO5 1NG

Notified 26/11/2019

Mrs Jennifer Carey

25–50% shares

British · England · Age 55

19 Albert Grove, Albert Grove, Southsea, PO5 1NG

Notified 16/08/2023

Former PSCs

Bowave Limited

Ceased 18/08/2023

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 20/12/2022Registered 21/12/2022Satisfied 01/04/2025

CompanyRankvs 2296+ SIC 10890 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.19× · 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 strength1/25 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 30/11/2024

Net Worth

-£163k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£219k

Working capital

Current Assets

£51k

Current Liabilities

£269k

Fixed Assets

£81k

8avg. employees-4

Balance Sheet

Assets less current liabilities-£137k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.19-£300k
20230.32+£220k
20220.29-£110k
20210.61

Derived from filed accounts. Not audited figures.