Cornet Switching Systems Limited
03331669
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/04/2006
ACCOUNTANT
BRITISH · Age 51
Also on 1 other board
director · Since 18/09/2014
CHAIRMAN
BRITISH · UNITED KINGDOM · Age 52
Also on 2 other boards
director · Since 01/06/2025
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 2 other boards
Persons with Significant Control
Ggr Communications Group Ltd
De Salis House, De Salis Drive, Droitwich, WR9 0QE
Reg: 08461016 · England & Wales · Limited Company
Notified 23/02/2024
Former PSCs
Mr Adrian Clinton-Watkins
Ceased 23/02/2024
CompanyRankvs 635+ SIC 61900 peers79
Show leaderboard
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
£1.5M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£1.9M
Current Liabilities
£409k
Debtors
£676k
Profit After Tax
£139k
Tax at Year End(2023)
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 4.74 |
| 2023 | 5.87 |
| 2022 | 5.25 |
| 2021 | 4.91 |
| 2020 | 3.94 |
Derived from filed accounts. Not audited figures.