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Mike Corby Management Limited

02235597

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 24/03/1988

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 26/03/2026

Due 09/04/2027

On track

Industry

93120
Activities of sport clubs

Officers

Mr Mike Corby

director · Since 27/04/2006

BUSINESS MAN

BRITISH · UNITED KINGDOM · Age 86

Also on 2 other boards

Mr Jonathan Michael Eric Wells Corby

director · Since 18/02/2009

SURVEYOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Jonathan Michael Eric Wells Corby

25–50% shares
25–50% votes

British · England · Age 46

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 16/03/2018

Former PSCs

Michael Corby

Ceased 15/03/2018

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 27/08/2019Registered 28/08/2019
Charge
outstanding

LLOYDS BANK PLC

Created 23/08/2019Registered 27/08/2019
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 26/03/2007Registered 29/03/2007Satisfied 09/05/2011

CompanyRankvs 1439+ SIC 93120 peers
49

Financial strength99th percentile among SIC peers · 25/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.11× · 2/20
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 strength25/25 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.

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

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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover is recognised a s rentals and associated income of sport venues on a time apportioned basis. 1.4 Tang

Key FinancialsYear ending 30/06/2024

Net Worth

£4.6M

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

-£3.2M

Working capital

Current Assets

£391k

Current Liabilities

£3.6M

Fixed Assets

£10.5M

Debtors

£300k

6avg. employees

Tax at Year End(2023)

Corp tax£15k

Balance Sheet

Assets less current liabilities£7.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£1.1M
20230.10+£2.8M
20220.19+£38k
20210.19+£3.6M
20200.17
20190.29
20180.42

Derived from filed accounts. Not audited figures.