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Atak Engineering Uk Ltd

14756441

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

293 GREEN LANES, LONDON, N13 4XS
Incorporated 25/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
49410
Freight transport by road

Officers

Mr Halit Levent Akbas

director · Since 25/03/2023

DIRECTOR

TURKISH · TURKEY · Age 67

Persons with Significant Control

Atak Muhendislik Insaat Sanayi Ve Ticaret Anonim Sirketi

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

Malikoy Baskent Osb Mah, Ismet Inonu Blv, Sincan, 06909

Notified 25/03/2023

CompanyRankvs 22526+ SIC 43290 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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22526Atak Engineering Uk Ltd
33
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.

Employees13/15 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.

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.

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

performed, we have not identified any material uncertainties relating to events or conditions that individually or collectively may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue, necessary undertaking for financial support is provided by the parent company as discl

Key FinancialsYear ending 31/12/2024

Turnover

£2.6M

Annual revenue

Net Worth

-£905k

Balance sheet strength

Cash

£12.1M

Cash in the bank

Profit Before Tax

-£912k

Bottom line earnings

Net Current Assets

-£917k

Working capital

Current Assets

£14.2M

Current Liabilities

£15.1M

Fixed Assets

£13k

Debtors

£2.1M

Cost of Sales

£2.7M

Gross Profit

-£143k

Admin Expenses

£914k

Operating Profit

-£1.1M

Profit After Tax

-£944k

5avg. employees+2

Balance Sheet

Assets less current liabilities-£905k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£944k
20239.19—

Derived from filed accounts. Not audited figures.