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Coremo Automation Limited

02758191

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

43 CORFE AVENUE, WORCESTER, WR4 0EB
Incorporated 22/10/1992

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

71129
Other engineering activities

Officers

Mr John William Buckley

director · Since 22/10/1992

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 1 other board

Stefania Barutta

secretary · Since 01/10/1998

SECRETARY

ITALIAN · Age 56

Also on 1 other board

Mrs Stefania Barutta

director · Since 01/01/2013

COMPANY DIRECTOR

ITALIAN · ENGLAND · Age 56

Persons with Significant Control

Mr John William Buckley

50–75% shares
50–75% votes

British · England · Age 76

43, Corfe Avenue, Worcester, WR4 0EB

Notified 22/10/2016

Mrs Stefania Barutta

25–50% shares
25–50% votes

Italian · England · Age 56

43, Corfe Avenue, Worcester, WR4 0EB

Notified 22/10/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 25/07/2003Registered 29/07/2003
charge
outstanding

MIDLAND BANK PLC

Created 21/06/1999Registered 24/06/1999

CompanyRankvs 5729+ SIC 71129 peers
60

Financial strength81th percentile among SIC peers · 20/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.62× · 16/20
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 strength20/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/03/2025

Net Worth

£66k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£120k

Current Liabilities

£74k

Fixed Assets

£21k

1avg. employees

Tax at Year End(2023)

Corp tax-£1k

Balance Sheet

Assets less current liabilities£68k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.62+£3k
20242.25+£329
20232.01-£11k
20221.96-£9k
20212.13+£4k
20201.53-£10k
20191.62—

Derived from filed accounts. Not audited figures.