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2 Karaks Ltd

12415884

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

187 DUNSTABLE ROAD, LUTON, LU1 1BT
Incorporated 21/01/2020

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 30/04/2026

Due 14/05/2027

On track

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Atif Rafique

director · Since 20/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 7 other boards

Mr Asad Ur Rehman

director · Since 20/04/2020

DIRECTOR

PAKISTANI · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Atif Rafique

25–50% shares

British · England · Age 41

187, Dunstable Road, Luton, LU1 1BT

Notified 14/02/2020

Mr Asad Ur Rehman

25–50% shares

Pakistani · England · Age 37

187, Dunstable Road, Luton, LU1 1BT

Notified 14/02/2020

Former PSCs

Mr Ghias Javaid

Ceased 20/04/2020

Mrs Nazrin Mahomed Rafik

Ceased 20/04/2020

CompanyRankvs 5689+ SIC 56102 peers
59

Financial strength86th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

Longevity6/15 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 31/01/2025

Net Worth

£37k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£470k

Working capital

Current Assets

£14k

Current Liabilities

£485k

Fixed Assets

£560k

22avg. employees

Tax at Year End(2023)

VAT£10k

Director Loans(2023)

Company owes directors£82k

Balance Sheet

Assets less current liabilities£90k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.03+£0—
20250.03-£52k—
20240.34+£60k—
20230.93+£74k£202k
20220.40+£56k—
20210.25——

Derived from filed accounts. Not audited figures.