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Kro Velvet 3 Canal Street Ltd

13716225

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

SUITE 22C, CITY TOWER, MANCHESTER, M1 4BT
Incorporated 01/11/2021

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

25/06/2026

On track

Confirmation statement

Last: 01/05/2025

Due 15/05/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Kim Eivind Krohn

director · Since 01/11/2021

MANAGING DIRECTOR

NORWEGIAN · ENGLAND · Age 49

Also on 9 other boards

Persons with Significant Control

Jmdk Properties M1 Ltd

75–100% shares

Suite 22c, City Tower, Piccadilly Plaza, Manchester, M1 4BT

Reg: 16031562 · England & Wales · Private Company Limited By Shares

Notified 18/03/2025

Former PSCs

Mr Kim Eivind Krohn

Ceased 18/03/2025

Charges2 outstanding

Charge
outstanding

CYNERGY BANK LIMITED

Created 22/12/2021Registered 30/12/2021
Charge
outstanding

CYNERGY BANK LIMITED

Created 22/12/2021Registered 23/12/2021

CompanyRankvs 5338+ SIC 55100 peers
40

Financial strength15th percentile among SIC peers · 4/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.24× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees6/15 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.

Longevity5/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

-£30k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£3.0M

Current Liabilities

£1.3M

Fixed Assets

£3.8M

Debtors

£3.0M

1avg. employees

Balance Sheet

Assets less current liabilities£5.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.24-£19k
20232.74

Derived from filed accounts. Not audited figures.