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Karan 05 Limited

14704799

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

131 NEW BRIDGE ROAD, HULL, HU9 2LP
Incorporated 03/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores

Officers

Mr Ainkaran Paramasivam

director · Since 03/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Ainkaran Paramasivam

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

British · England · Age 44

131, New Bridge Road, Hull, HU9 2LP

Notified 03/03/2023

CompanyRankvs 5675+ SIC 47290 peers
32

Financial strength12th percentile among SIC peers · 3/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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5675Karan 05 Limited
32
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity2/20 pts

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

Longevity3/15 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 31/03/2024

Net Worth

-£20k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£2k

Current Liabilities

£22k

3avg. employees

Balance Sheet

Assets less current liabilities-£20k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.07

Derived from filed accounts. Not audited figures.