Back to search

Fred Corner Limited

04545209

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

86 BROADMAYNE AVENUE, SUNDERLAND, SR4 8LU
Incorporated 25/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Fred Corner

director · Since 25/09/2002

DIRECTOR

BRITISH · ENGLAND · Age 69

Persons with Significant Control

Mr Fred Corner

75–100% shares

British · England · Age 69

86, Broadmayne Avenue, Sunderland, SR4 8LU

Notified 02/06/2020

CompanyRankvs 886+ SIC 43320 peers
80

Financial strength88th percentile among SIC peers · 22/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.95× · 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 strength22/25 pts

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

Employees8/15 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 30/09/2024

Net Worth

£103k

Balance sheet strength

Cash

£110k

Cash in the bank

Net Current Assets

£92k

Working capital

Current Assets

£123k

Current Liabilities

£31k

Fixed Assets

£18k

Debtors

£12k

2avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£110k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.95-£2k
20234.11+£11k
20224.98+£96
20214.66-£16k
20203.44+£21k
20192.65+£21k
20182.96

Derived from filed accounts. Not audited figures.