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Kronos Subsea Cable Services Ltd

13063977

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
60 / 100

Some Concerns

30/30
Filing
10/30
Financial
20/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

1ST FLOOR 5 CENTURY COURT, WATFORD, WD18 9PX
Incorporated 06/12/2020

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 17/11/2025

Due 01/12/2026

On track

Industry

71129
Other engineering activities

Officers

Mr Menno Roet

director · Since 06/12/2020

DIRECTOR

DUTCH · ENGLAND · Age 44

Mrs. Richelle Roet

director · Since 06/12/2020

DIRECTOR

DUTCH · PHILIPPINES · Age 48

Persons with Significant Control

Mr Menno Roet

50–75% shares
50–75% votes
Appoint directors

Dutch · England · Age 44

1st Floor, 5 Century Court, Watford, WD18 9PX

Notified 06/12/2021

Former PSCs

Mrs. Richelle Roet

Ceased 11/07/2022

Insolvency History1 case

members voluntary liquidation25/03/2026

Alan Simon (practitioner)

CompanyRankvs 3133+ SIC 71129 peers
65

Financial strength97th percentile among SIC peers · 24/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.72× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£923k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£921k

Working capital

Current Assets

£1.2M

Current Liabilities

£248k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£923k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.72+£0
20254.72+£450k
20242.32+£205k
20233.51
20211.07

Derived from filed accounts. Not audited figures.