Kore.Ai Uk Limited
13495846
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/02/2025
BUSINESS
AMERICAN · UNITED STATES · Age 56
Also on 1 other board
CompanyRankvs 17060+ SIC 82990 peers69
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
The parent company has made significant losses to date and the most recent audited accounts make reference to the company having a substantial doubt about the entity's ability to continue as a going concern. The group has experienced operating losses since inception and has an accumulated deficit of approximately $313.5 million as of 31 March 2025. The uncertainty surrounding the funding of
Key FinancialsYear ending 31/03/2025
Net Worth
£1.0M
Balance sheet strength
Cash
£260k
Cash in the bank
Net Current Assets
£982k
Working capital
Current Assets
£1.6M
Current Liabilities
£615k
Fixed Assets
£24k
Debtors
£1.3M
Profit After Tax
£359k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.60 | +£0 |
| 2025 | 2.60 | +£356k |
| 2024 | 2.05 | +£439k |
| 2023 | 1.83 | +£174k |
| 2022 | 1.54 | — |
Derived from filed accounts. Not audited figures.