Cortech Design Limited
02415803
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/08/1991
DESIGN ENGINEER
BRITISH · UNITED KINGDOM · Age 59
Also on 2 other boards
director · Since 05/06/2016
ADMINISTRATOR
BRITISH · UNITED KINGDOM · Age 61
Persons with Significant Control
Mr Francisco Cano Perez Cortes
British · England · Age 59
123, Wyatts Drive, Essex, SS1 3DA
Notified 01/06/2017
Mrs Alexandra Louise Cortes
British · United Kingdom · Age 61
123, Wyatts Drive, Essex, SS1 3DA
Notified 01/06/2017
CompanyRankvs 16387+ SIC 71129 peers43
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£49k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£49k
Working capital
Current Assets
£1k
Current Liabilities
£50k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.02 | -£22k |
| 2024 | 0.09 | — |
| 2023 | 1.01 | — |
| 2022 | 1.00 | — |
| 2021 | 1.18 | -£5k |
| 2020 | 1.20 | +£25k |
| 2019 | 0.85 | +£78k |
| 2017 | 0.04 | — |
Derived from filed accounts. Not audited figures.