Back to search

Correct Service Limited

04370422

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

470 HUCKNALL ROAD, NOTTINGHAM, NG5 1FX
Incorporated 08/02/2002

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/02/2026

Due 22/02/2027

On track

Industry

95210
Repair of consumer electronics

Officers

Joseph Frederick Green

secretary · Since 23/04/2002

SERVICE ENGINEER

BRITISH · UNITED KINGDOM · Age 76

Also on 3 other boards

Joseph Frederick Green

director · Since 23/04/2002

SERVICE ENGINEER

BRITISH · UNITED KINGDOM · Age 76

Also on 3 other boards

Douglas Milburn

director · Since 23/04/2002

SERVICE ENGINEER

BRITISH · UNITED KINGDOM · Age 83

Mr Andrew Joseph Green

director · Since 31/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Steven Matthew Green

director · Since 31/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Steven Matthew Green

Significant control

British · United Kingdom · Age 48

265, Greenwood Road, Nottingham, NG3 7FU

Notified 06/04/2016

Mr Andrew Joseph Green

Significant control

British · England · Age 48

470, Hucknall Road, Nottingham, NG5 1FX

Notified 31/03/2018

Former PSCs

Mr Douglas Milburn

Ceased 01/02/2020

Mr Joseph Frederick Green

Ceased 01/02/2020

CompanyRankvs 15+ SIC 95210 peers
89

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.63× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 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.

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

£154k

Balance sheet strength

Cash

£141k

Cash in the bank

Net Current Assets

£139k

Working capital

Current Assets

£225k

Current Liabilities

£85k

Fixed Assets

£18k

Debtors

£79k

14avg. employees

Tax at Year End(2023)

Corp tax£30k
VAT£23k

Director Loans(2021)

Company owes directors£5k

Balance Sheet

Assets less current liabilities£158k
Signed by Mr Steven Green Mr Andrew Green 05/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.63+£0
20252.63-£12k
20243.20-£58k
20232.70-£2k£459k
20222.12+£16k£408k
20212.29+£17k£903k
20202.59+£9k£661k
20192.64£516k

Derived from filed accounts. Not audited figures.