K1 Heating Solution Limited
12614847
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Abdul Rahim
British · England · Age 55
20, Partridge Road, Birmingham, B26 2DA
Notified 17/07/2020
Former PSCs
Mr Kashif Rahim
Ceased 19/06/2020
CompanyRankvs 2042+ SIC 33120 peers55
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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 31/05/2025
Net Worth
£9k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
£13k
Working capital
Current Assets
£17k
Current Liabilities
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.36 | +£0 |
| 2025 | 4.36 | — |
| 2024 | 5.46 | — |
| 2023 | 18.05 | — |
| 2022 | 18.05 | — |
| 2021 | 1.22 | — |
Derived from filed accounts. Not audited figures.