Cash

£86K

+69.3% vs 2020

Net assets

£5M

+45.5% vs 2020

Employees

6

0% vs 2020

Profit before tax

Period ending 2021-12-31

Profile

Company number
06801718
Status
Active
Incorporation
2009-01-26
Last accounts made up
2024-12-31
Account category
GROUP
Primary SIC
66190
Hubs
UK Fintech

Net assets

3-year trend · vs UK Fintech median

£0£5m£10m202020202021
KVIKA LIMITED

Accounts

3-year trend · latest 2021-12-31

Metric Trend 2020-01-012020-12-312021-12-31
Turnover
Operating profit
Profit before tax
Net profit
Cash £50,748£85,913
Total assets less current liabilities £5,530,110£7,569,247
Net assets £3,613,675£5,256,641
Equity £3,613,675£5,256,641
Average employees 66
Wages

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
IFRS
Reporting scope
Consolidated (group)
Auditor
BKL Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. The Group and the Company have net current assets and the ultimate parent company Kvika banki continues to make funding available for Kvika Limited's operations. The directors believe that the group is well placed to continue in operational existence for the 12-month period from the date of approval of this report.”

Subsidiaries

Significant events

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

3 active · 16 resigned

Name Role Appointed Born Nationality
GUDMUNDSDOTTIR, Vala Hronn Director 2024-08-28 Mar 1989 Icelandic
SMALLEY, Timothy John, Mr. Director 2020-11-18 Oct 1965 British
THORDARSON, Gudmundur Director 2023-05-15 Mar 1972 Icelandic
Show 16 resigned officers
Name Role Appointed Resigned
BEENSTOCK, Richard, Mr. Secretary 2009-01-26 2017-05-22
AEVARSDOTTAR, Harpa, Ms. Director 2009-01-26 2010-12-31
BEENSTOCK, Richard Director 2009-01-26 2017-05-22
BEENSTOCK, Susan Sara, Mrs. Director 2009-01-26 2010-12-31
DAVIS, Andrew Simon Director 2009-01-26 2009-01-26
DYER, Ragnar Pall Director 2022-06-24 2022-12-31
EINARSSON, Magnus Ingi Director 2020-01-07 2022-04-11
HROLFSSON, Hannes Frimann Director 2017-05-22 2017-09-20
JOHANNSDOTTIR, Iris Director 2017-09-20 2020-07-01
KAERNESTED, Orvar Director 2016-06-01 2017-03-07
KAERNESTED, Orvar Director 2009-01-26 2015-11-24
SALISBURY, Jonathan Richard Director 2015-11-24 2016-06-01
SIGURDSSON, Gunnar Snaevar Director 2023-07-03 2023-12-07
SIGURDSSON, Gunnar Director 2017-03-07 2020-11-18
THORVALDSSON, Armann Director 2018-03-14 2023-09-12
VIDARSSON, Sigurdur Director 2023-01-01 2024-08-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Kvika Banki Hf Corporate entity ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm 2017-02-22 Active
Mr Richard Beenstock Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2017-02-22
Orvar Kaernested Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2017-02-22

Filing timeline

Last 20 of 128 total filings

Date Type Category Description
2026-05-04 AA accounts accounts with accounts type group
2026-02-18 CS01 confirmation-statement confirmation statement with updates
2025-04-28 AA accounts accounts with accounts type group
2025-04-08 SH01 capital capital allotment shares
2025-03-19 CERTNM change-of-name certificate change of name company
2025-01-19 CS01 confirmation-statement confirmation statement with updates
2024-12-18 CH01 officers change person director company with change date
2024-10-11 AA accounts accounts with accounts type group
2024-08-28 AP01 officers appoint person director company with name date
2024-08-28 TM01 officers termination director company with name termination date
2024-07-30 SH01 capital capital allotment shares
2024-05-18 RP04SH01 capital second filing capital allotment shares
2024-05-13 SH01 capital capital allotment shares
2024-01-18 CS01 confirmation-statement confirmation statement with updates
2023-12-07 TM01 officers termination director company with name termination date
2023-11-07 SH01 capital capital allotment shares
2023-10-10 AA accounts accounts with accounts type full
2023-09-12 TM01 officers termination director company with name termination date
2023-07-03 AP01 officers appoint person director company with name date
2023-06-19 SH01 capital capital allotment shares

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires EBIT (operating profit / PBT) — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page