Key 16 Ltd
13372568
Some Concerns
- Negative net worth (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/05/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 3 other boards
director · Since 04/05/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 4 other boards
Persons with Significant Control
Cascadia Holdings Ltd
869 High Road, London, N12 8QA
Reg: 13367084 · England & Wales · Limited Company
Notified 04/05/2021
Charges4 outstanding
FLEET MORTGAGES LIMITED
FLEET MORTGAGES LIMITED
PARAGON BANK PLC
THE MORTGAGE LENDER LIMITED
CompanyRankvs 158170+ SIC 68100 peers18
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£6k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£303k
Working capital
Current Assets
—
Current Liabilities
£313k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£8k |
| 2024 | 0.32 | -£8k |
| 2023 | 0.54 | -£4k |
| 2022 | 0.97 | — |
Derived from filed accounts. Not audited figures.