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Corrin Software Products Limited

02987527

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE OLD TOWN HALL MARKET PLACE, PETERBOROUGH, PE8 4BQ
Incorporated 07/11/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Michael Gerard Hamill

director · Since 07/11/1994

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Mrs Hilary Lesley Hamill

director · Since 05/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Persons with Significant Control

Mr Michael Gerard Hamill

25–50% shares
25–50% votes

Irish · United Kingdom · Age 62

The Old Town Hall, Market Place, Peterborough, PE8 4BQ

Notified 06/04/2016

Mrs Hilary Lesley Hamill

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 66

The Old Town Hall, Market Place, Peterborough, PE8 4BQ

Notified 05/01/2023

CompanyRankvs 62082+ SIC 62020 peers
42

Financial strength7th percentile among SIC peers · 2/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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62082Corrin Software Products Limited
48
How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

£ £ Trade creditors 2,435 3,020 Corporation tax 23,703 33,520 Social security and other taxes 50,636 41,159 Other creditors 128,602 107,564 --------- --------- 205,376 185,263 --------- --------- 9. GOING CONCERN The directors have considered the period to 30 November 2026 when assessing the company's ability to continue as a going concern. It is believed that the company will either be able to sa

Key FinancialsYear ending 31/03/2025

Net Worth

-£13k

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£189k

Current Liabilities

£205k

Fixed Assets

£3k

Debtors

£100k

4avg. employees

Tax at Year End

Corp tax£24k

Balance Sheet

Intangible assets£1k
Assets less current liabilities-£13k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92-£18k
20241.00+£9k
20230.96-£28k
20221.09-£11k
20211.12—
20201.26—
20191.43—

Derived from filed accounts. Not audited figures.