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Corporate Cost Reductions Limited

03633338

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

OFFICE 11 ROMNEY MARSH BUSINESS HUB, NEW ROMNEY, TN28 8LH
Incorporated 17/09/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mrs Sharon Lesley Hill

secretary · Since 17/09/1998

COMPANY SECRETARY

BRITISH

Mr Michael Robert Hill

director · Since 17/09/1998

CONSULTANT

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Persons with Significant Control

Mr Michael Robert Hill

25–50% shares
25–50% votes

British · England · Age 65

Office 11, Romney Marsh Business Hub, New Romney, TN28 8LH

Notified 06/04/2016

Mrs Sharon Lesley Hill

25–50% shares
25–50% votes

British · England · Age 66

Office 11, Romney Marsh Business Hub, New Romney, TN28 8LH

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 12/10/2012Registered 25/10/2012

CompanyRankvs 309+ SIC 61900 peers
73

Financial strength90th percentile among SIC peers · 23/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.7× · 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.

Employees10/15 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 30/09/2024

Net Worth

£287k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£143k

Working capital

Current Assets

£226k

Current Liabilities

£84k

Fixed Assets

£144k

2avg. employees

Balance Sheet

Assets less current liabilities£287k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.70+£149k
20230.65-£32k
20221.65+£22k
20211.08+£14k
20200.72-£9k
20190.95+£74k
20180.22—

Derived from filed accounts. Not audited figures.