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K Textiles Limited

14348947

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE OVAL, LEICESTER, LE1 7EA
Incorporated 09/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Inderdeep Singh Kang

director · Since 09/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Mr Bhapinder Singh Kang

director · Since 04/03/2026

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Kang Investment Holdings Limited

Significant control

The Oval, New Walk, Leicester, LE1 7EA

Reg: 14348484 · Cardiff · Limited Company

Notified 09/09/2022

Former PSCs

Mr Inderdeep Singh Kang

Ceased 09/09/2022

CompanyRankvs 1175+ SIC 13990 peers
33

Financial strength18th percentile among SIC peers · 5/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£25k

Current Liabilities

£29k

0avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.87

Derived from filed accounts. Not audited figures.