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Korado Ltd

03744741

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

KERNOW HOUSE GAS HILL, TRURO, TR1 2XP
Incorporated 31/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr. Rolf Hugo Munding

director · Since 01/11/2005

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 40 other boards

Dr. Dashiel Hugo Munding

director · Since 13/11/2024

COMPANY DIRECTOR

BRITISH,FRENCH · ENGLAND · Age 45

Also on 15 other boards

Persons with Significant Control

Longlac Holdings

50–75% votes

3, Archbishop Makarios, Nicosia

Reg: He104507 · Companies House Cyprus · Limited Company

Notified 01/01/2019

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 25/01/2011Registered 02/02/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/11/2005Registered 11/11/2005Satisfied 08/11/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/01/2001Registered 01/02/2001Satisfied 08/11/2017
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/01/2001Registered 01/02/2001

CompanyRankvs 1776+ SIC 64209 peers
66

Financial strength93th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1318.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1776Korado Ltd
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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.

Employees3/15 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

£3.2M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£3.2M

Current Liabilities

£2k

Fixed Assets

£100

0avg. employees

Balance Sheet

Assets less current liabilities£3.2M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241318.65-£200
20231471.96-£2k
20221884.52-£393k
202116.80+£14k
20201418.42-£18k
20191425.80+£3.6M
20181426.18—

Derived from filed accounts. Not audited figures.