Kgn Distribution Ltd
15683596
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Mohmed Asif Bagwan
Indian · England · Age 48
17-19, Wharf Street South, Leicester, LE1 2AA
Notified 26/04/2024
CompanyRankvs 25278+ SIC 49410 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£28k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£13k
Working capital
Current Assets
£20k
Current Liabilities
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 2.60 |
Derived from filed accounts. Not audited figures.