−£698k
vs Mar 2024Active - Proposal to Strike off12559666Private limited companyCardiff
KWIKT LIMITED
Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved. Status as shown on the Companies House register at 31 August 2026; it may have changed since. Check the live record.
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
KWIKT LIMITED is an active (proposal to strike off) private limited company (company number 12559666) incorporated on 16 April 2020, registered in Cardiff. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 March 2025, showing net assets of −£698k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 16% on the prior period (−£600k).
Peer position · net assets
By net assets it sits in the bottom quarter of 651 comparable companies in Cardiff (median £200, upper quartile £20k).
02
Key dates
- Incorporated
- 16 April 20206 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 30 April 2027in 190 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 62030
- Computer facilities management activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
2
No changevs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£698k | — | — | £749k | — | — | 2 |
| 31 March 2024 | −£600k | — | — | £635k | — | — | 2 |
Current ratio0.07Current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Filing and accounts signals
- Negative net assetsNet assets £-698,071 at 2025-03-31
- Current liabilities exceed current assetsCurrent ratio 0.07
- Incorporated five or more years agoIncorporated 2020-04-16 (6 years)
- Register status is not ActiveActive - Proposal to Strike off
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
06
Ownership and control
- Mr Simon John Read
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Yasir Qayam
- owns 25–50% of shares
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 190 days
- Next accounts duein 70 days
- Accounts period endNet liabilities £698k · micro accounts
- Accounts period endNet liabilities £600k · micro accounts
- Incorporated
08
Similar companies in Cardiff
- ETHER CORPORATION LTDMonmouth · inc. Apr 2020
- PEPPERCORN AI HOLDINGS LIMITEDCardiff · inc. Apr 2020
- INDIGO PLATFORM LIMITEDNewport · inc. May 2020
- ERP BUSINESS SYSTEMS LIMITEDRadyr · inc. Mar 2020
- SOLAL INNOVATION LTDCardiff · inc. May 2020
- KAOSHI LTDCardiff · inc. May 2020
All companies incorporated on 16 April 2020 · in Apr 2020.
09
Reminders for KWIKT LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.