Back of napkin calculations....
Z4-S3 is proven very good camera for LPC, but even so is at its limit about 80 feet for just readable captures.
Assuming you got the 3.6 mm lens version of the Color-4KT, its angle coverage is about double that of zoomed out Z4-SE
To factor in field of view difference, divide max range by two
The increase in resolution from 4MP to 8MP is only 1.43X more horizontal resolution
To factor in increased sensor resolution, multiply by 1.43
80 feet / 2 * 1.43 = 57 feet
Assuming the sensor and lighting system of the Color4KT is as good as that on Z4-S3 for LPC, that would mean 57 feet from camera would be absolute max distance to usable license capture.
It is unlikely that the Color4KT has lighting and sensor system as well adaptable for LPC so I would derate that estimate by maybe 30%
0.7 * 57 feet = 40 feet
Clean captures are about 1/2 to 3/4 of that distance based on what I have experienced doing LPC.
That makes the good LPC range for the 3.6 mm lens Color4KT between 20 to 40 feet from camera.
My rough estimate for ideal and max distance from the Colror4KT a license plate can be for good capture 20 to 40 feet away from camera.
Those are not a lot of working distance.
You can see why this might not as great a choice for LPC work. Night time LPC is even tougher to achieve.