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Corrico Limited

01659279

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 8 outstanding charges (-10)

Details

THE OLD COUNCIL CHAMBERS, TAMWORTH, B79 7RB
Incorporated 19/08/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr Richard Herbert Corbett

director · Since 07/03/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 5 other boards

Ms Alyson Jane Rodgers

director · Since 07/03/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

Persons with Significant Control

Mr Richard Herbert Corbett

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 75

Grey House, School Lane, Rolleston On Dove, DE13 9AQ

Notified 06/04/2016

Ms Alyson Jane Rodgers

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 68

Grey House, School Lane, Rolleston On Dove, DE13 9AQ

Notified 06/04/2016

Charges8 outstanding

charge
outstanding

HSBC BANK PLC

Created 29/09/2005Registered 06/10/2005
charge
outstanding

RICHARD HERBERT CORBETT & DENTON & CO TRUSTEEES LTD(TRUSTEES OF THE CORRICO PENSION FUND)

Created 01/03/2001Registered 03/03/2001
charge
outstanding

WILLIAM HERBERT CORBETT AND EDITH AUDREY CORBETT

Created 28/09/2000Registered 09/10/2000
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/12/1995Registered 15/12/1995
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/03/1993Registered 16/03/1993
charge
outstanding

CHELSEA BUILDING SOCIETY

Created 31/08/1990Registered 01/09/1990
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/03/1989Registered 03/04/1989
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/05/1988Registered 17/06/1988

CompanyRankvs 11832+ SIC 42990 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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11832Corrico Limited
34
How is this score calculated?
Financial strength1/25 pts

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

Employees1/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£66k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£9k

Current Liabilities

£74k

Fixed Assets

£334

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities-£65k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£4k
20230.14-£5k
20220.89+£17k
20210.86-£3k
20200.85—
20190.86—
20180.86—

Derived from filed accounts. Not audited figures.