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Corris Caverns Limited

02734601

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 CORRIS CRAFT CENTRE, MACHYNLLETH, SY20 9RF
Incorporated 27/07/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

91030
Operation of historical sites and buildings and similar visitor attractions

Officers

Mr Daniel Malcolm Cameron

director · Since 01/02/2022

DISTILLER

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mr Peter Douglas Cameron

director · Since 01/02/2022

DISTILLER

BRITISH · UNITED KINGDOM · Age 62

Also on 4 other boards

Persons with Significant Control

Mr Peter Douglas Cameron

25–50% shares

British · United Kingdom · Age 62

1 Corris Craft Centre, Corris, Machynlleth, SY20 9RF

Notified 01/02/2022

Mr Daniel Malcolm Cameron

25–50% shares

British · United Kingdom · Age 60

1 Corris Craft Centre, Corris, Machynlleth, SY20 9RF

Notified 01/02/2022

Former PSCs

Mr Ian Edward Rutherford

Ceased 01/02/2022

Charges3 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/03/2022Registered 16/03/2022Satisfied 28/03/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 01/03/2022Registered 14/03/2022
charge
outstanding

BARCLAYS BANK PLC

Created 16/03/2000Registered 23/03/2000
charge
outstanding

BARCLAYS BANK PLC

Created 05/01/1996Registered 25/01/1996
charge
satisfied

THE WELSH DEVELOPMENT AGENCY

Created 17/06/1994Registered 24/06/1994Satisfied 18/11/2015
charge
satisfied

THE WELSH DEVELOPMENT AGENCY

Created 17/06/1994Registered 24/06/1994Satisfied 19/05/2000
charge
satisfied

THE WELSH DEVELOPMENT AGENCY

Created 17/06/1994Registered 24/06/1994Satisfied 18/11/2015

CompanyRankvs 14+ SIC 91030 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

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 31/12/2024

Net Worth

£702k

Balance sheet strength

Cash

£442k

Cash in the bank

Net Current Assets

£459k

Working capital

Current Assets

£545k

Current Liabilities

£86k

Fixed Assets

£447k

Debtors

£56k

27avg. employees-4

Tax at Year End

Corp tax£25k

Balance Sheet

Assets less current liabilities£906k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.31+£59k
20236.53+£25k
20226.29+£49k
20214.22+£171k
20209.75-£90k
20195.36+£39k
20184.77+£79k
20173.51

Derived from filed accounts. Not audited figures.