C K L DEVELOPMENTS LIMITED
Company number 03599678 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Financial Health Assessment: C K L Developments Limited
1. Financial Health Score: D+ While the patient is no longer in critical condition and is showing encouraging signs of recovery, it remains in a state of chronic financial weakness. The business is heavily reliant on life support from its parent company to maintain its heartbeat. Without this external intervention, the company would face severe liquidity issues. The positive trajectory earns a "+" , but the deeply negative equity keeps the overall score in the "D" range.
2. Key Vital Signs
- Net Assets (Equity Health): -£426,516 (2024)
- Interpretation: The patient's "blood count" is low. Negative net assets mean the company's liabilities exceed its assets. However, this is a chronic condition that is steadily improving—it was -£523,224 in 2023 and a worrying -£1,019,058 in 2021. The bleeding has stopped, and the patient is slowly rebuilding blood volume.
- Current Ratio (Liquidity/Circulation): ~0.99x
- Interpretation: Current assets (£1,132,168) are just shy of covering current liabilities (£1,148,417). With a current ratio below 1, the business has a slight restriction in its financial arteries. It can pay its immediate bills, but only just, and largely because a significant portion of those bills (creditors) are likely not pressing for immediate payment.
- Profitability (Metabolism): Positive Trend
- Interpretation: Ret