Korda Developments Limited
04336137
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 07/12/2025
Due 21/12/2026
Industry
Officers
director · Since 07/12/2001
ANGLING CONSULTANT
BRITISH · ENGLAND · Age 55
Also on 6 other boards
director · Since 14/04/2011
HEAD OF OPERATIONS
BRITISH · ENGLAND · Age 54
Also on 3 other boards
director · Since 18/07/2023
HEAD OF PRODUCT DEVELOPMENT
BRITISH · UNITED KINGDOM · Age 28
Persons with Significant Control
Mr Daniel William Fairbrass
British · England · Age 55
Orbital House, 20 Eastern Road, Romford, RM1 3PJ
Notified 07/12/2016
Charges2 outstanding
COUTTS & COMPANY
HSBC BANK PLC
CompanyRankvs 85+ SIC 47990 peers70
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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£33.9M
Balance sheet strength
Cash
£6.5M
Cash in the bank
Profit Before Tax
£4.6M
Bottom line earnings
Net Current Assets
£31.6M
Working capital
Current Assets
£36.7M
Current Liabilities
£5.0M
Fixed Assets
£2.9M
Debtors
£13.5M
Admin Expenses
£7.9M
Profit After Tax
£2.9M
Tax at Year End
People Costs(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.30 | +£2.9M |
| 2023 | 5.30 | +£7.8M |
| 2021 | 5.60 | +£3.1M |
| 2020 | 5.84 | +£3.2M |
| 2019 | 6.13 | +£1.6M |
| 2018 | 6.37 | — |
Derived from filed accounts. Not audited figures.