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Kolak Services Ltd

12878875

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

44 BILSTON LANE, WOLVERHAMPTON, WV13 2LH
Incorporated 14/09/2020

Compliance

Last accounts

12/09/2024

total exemption full

Next accounts due

12/06/2026

On track

Confirmation statement

Last: 20/12/2024

Due 03/01/2026

Overdue

Industry

52290
Other transportation support activities

Officers

Mr Sarangdeep Singh

director · Since 01/08/2025

ENTREPRENEUR

INDIAN · ENGLAND · Age 25

Also on 1 other board

Persons with Significant Control

Mr Sarangdeep Singh

75–100% shares

Indian · England · Age 25

44, Bilston Lane, Wolverhampton, WV13 2LH

Notified 01/08/2025

Former PSCs

Mr Manjit Singh

Ceased 22/01/2024

Mrs Palwinder Kaur

Ceased 28/11/2020

Mr Mohammad Asif Sheikh

Ceased 01/11/2024

Mr Sravan Kumar Reddy Boreddy

Ceased 01/08/2025

CompanyRankvs 12277+ SIC 52290 peers
28

Financial strength18th percentile among SIC peers · 5/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 12/09/2024

Net Worth

-£323

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

Current Liabilities

£42k

Fixed Assets

£42k

0avg. employees

Balance Sheet

Assets less current liabilities-£323
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20230.53
20220.49

Derived from filed accounts. Not audited figures.