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Korker Sausages Limited

00801998

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

KORKER SAUSAGES LIMITED HIGH STREET, CRANBROOK, TN17 4LN
Incorporated 22/04/1964

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10130
Production of meat and poultry meat products

Officers

Mr Edward Lawrence Charles Hoad

director · Since 18/02/1998

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Mr Alan Stuart Hoad

director · Since 27/05/2003

OSTEOPATH

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Persons with Significant Control

Mr Alan Stuart Hoad

voting-rights-50-to-75-percent-as-trust

British · England · Age 64

Korker Sausages Limited, High Street, Cranbrook, TN17 4LN

Notified 06/04/2016

Mrs Janet Hoad

75–100% shares
voting-rights-50-to-75-percent-as-trust

British · England · Age 91

Korker Sausages Limited, High Street, Cranbrook, TN17 4LN

Notified 07/11/2024

Mr Edward Lawrence Charles Hoad

Significant control

British · England · Age 57

Korker Sausages Limited, High Street, Cranbrook, TN17 4LN

Notified 07/11/2024

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/02/2019Registered 14/02/2019
charge
outstanding

BARCLAYS BANK PLC

Created 20/11/1980Registered 26/11/1980
charge
outstanding

BARCLAYS BANK PLC

Created 25/05/1979Registered 08/06/1979

CompanyRankvs 19+ SIC 10130 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 7.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£2.6M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.5M

Current Liabilities

£211k

Fixed Assets

£1.5M

Debtors

£315k

21avg. employees-1

Tax at Year End(2021)

Corp tax£92k

Director Loans(2021)

Directors owe company£86k

Balance Sheet

Assets less current liabilities£2.8M
Signed by Mr Edward Hoad 18 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.23+£96k
20234.72+£226k
20226.61+£232k
20216.06+£552k
20204.32+£35k
20192.65+£215k
20181.87

Derived from filed accounts. Not audited figures.