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Coralwheel Limited

02031051

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

SOLAR HOUSE, LONDON, N14 6NZ
Incorporated 25/06/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Damian Connolly

director · Since 07/07/2006

ARCHITECT

IRISH · ENGLAND · Age 57

Mr Kieran Connolly

director · Since 07/07/2006

SURVEYOR

IRISH · IRELAND · Age 52

Also on 1 other board

Mr Kieran Connolly

secretary · Since 27/11/2015

Also on 1 other board

Persons with Significant Control

Riversfield Estates Limited

75–100% shares
75–100% votes
Appoint directors

Solar House, Chase Road, London, N14 6NZ

Reg: 16036849 · England · Private Limited Company

Notified 03/04/2025

Former PSCs

Mr William Patrick Connolly

Ceased 27/11/2015

Mr Kieran Connolly

Ceased 03/04/2025

Mr Damian Connolly

Ceased 03/04/2025

Mrs Orla Connolly Mackie

Ceased 03/04/2025

CompanyRankvs 10307+ SIC 41100 peers
71

Financial strength33th percentile among SIC peers · 8/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£3

Balance sheet strength

Cash

£2.4M

Cash in the bank

Net Current Assets

£2.6M

Working capital

Current Assets

£2.7M

Current Liabilities

£125k

Debtors

£354k

Profit After Tax

£352k

3avg. employees

Tax at Year End

Corp tax£117k

Balance Sheet

Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202522.00
2024265.14
2023443.35
20225.38
20214.52
20204.86
20195.21
20175.99

Derived from filed accounts. Not audited figures.