Cortel Telecom Limited
02724112
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Neville Vincent Sheen
British · United Kingdom · Age 75
11-17, Fowler Road, Ilford, IG6 3UJ
Notified 06/04/2017
Charges0 outstanding
LLOYDS BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 257+ SIC 61900 peers84
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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
£118k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£558k
Working capital
Current Assets
£857k
Current Liabilities
£299k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.87 | +£66k |
| 2024 | 2.67 | +£35k |
| 2023 | 2.49 | +£38k |
| 2022 | 1.02 | -£47k |
| 2021 | 4.26 | -£68k |
| 2020 | 2.97 | -£25k |
| 2019 | 2.89 | -£27k |
| 2018 | 3.08 | — |
Derived from filed accounts. Not audited figures.