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Ark Up2 Limited

14111543

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SPRING PARK, CORSHAM, SN13 9GB
Incorporated 17/05/2022

Compliance

Last accounts

30/06/2025

full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 16/05/2026

Due 30/05/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Huw Thomas Owen

director · Since 17/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Mr Derek Mcdonald

director · Since 17/05/2022

DIRECTOR

BRITISH · SCOTLAND · Age 58

Also on 40 other boards

Andrew John Pettit

director · Since 17/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 57 other boards

Dr Perminder Tony Singh

secretary · Since 04/09/2023

Also on 24 other boards

Mr Ian Stuart Perryment

director · Since 04/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 21 other boards

Mr Andrew David Garvin

director · Since 04/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 23 other boards

Mr Robert Peter Silvester

director · Since 04/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 23 other boards

Persons with Significant Control

Up2 Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Spring Park, Westwells Road, Corsham, SN13 9GB

Reg: 14919116 · England And Wales · Private Limited Company

Notified 19/06/2023

Former PSCs

Ark Estates 2 Limited

Ceased 19/06/2023

Charges1 outstanding

Charge
outstanding

ING BANK N.V., LONDON BRANCH AS SECURITY AGENT

Created 20/08/2024Registered 22/08/2024

CompanyRankvs 2133610+ SIC 68209 peers
14

Financial strength0th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

identified during our audit above £249,100 (2024: £155,000) as well as misstatements below that amount that, in our view, warranted reporting for qualitative reasons. Conclusions relating to going concern Our evaluation of the directors’ assessment of the company’s ability to continue to adopt the going concern basis of accounting included: Discussing and critically examining management&a

Key FinancialsYear ending 30/06/2025

Net Worth

-£63.4M

Balance sheet strength

Cash

£246k

Cash in the bank

Profit Before Tax

-£24.4M

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£22.9M

Current Liabilities

£20.6M

Debtors

£11.8M

Cost of Sales

£10.9M

Admin Expenses

£730k

Profit After Tax

-£14.4M

0avg. employees

Balance Sheet

Assets less current liabilities£228.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.11-£14.4M
20240.22+£12.6M
20230.15

Derived from filed accounts. Not audited figures.