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Kormag Inductive Components Ltd

15631844

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

53 TOTLEY BROOK CLOSE, SHEFFIELD, S17 3PZ
Incorporated 10/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Walid Issa

director · Since 10/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mrs Ghazal Fadda

75–100% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 41

1 Hutton Close, South Church Enterprise Park, Bishop Auckland, DL14 6XG

Notified 10/04/2024

CompanyRankvs 21188+ SIC 74100 peers
44

Financial strength50th percentile among SIC peers · 13/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees2/15 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.

Longevity2/15 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 30/04/2025

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£13k

Current Liabilities

£12k

Fixed Assets

£418

0avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20251.14

Derived from filed accounts. Not audited figures.