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Corlay & Co Limited

04639276

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

BANK HALL MILL, BURNLEY, BB10 1AQ
Incorporated 16/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Timothy George Cormack

secretary · Since 20/01/2003

MANAGER

BRITISH · UNITED KINGDOM · Age 57

Also on 5 other boards

Mr Andrew Thorpe Cormack

director · Since 20/01/2003

PRODUCTION DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Mr Timothy George Cormack

director · Since 20/01/2003

MANAGER

BRITISH · UNITED KINGDOM · Age 57

Also on 5 other boards

Persons with Significant Control

Mr Timothy George Cormack

25–50% shares

British · England · Age 57

Bank Hall Mill, Burnley, BB10 1AQ

Notified 06/04/2016

Mr Andrew Thorpe Cormack

25–50% shares

British · United Kingdom · Age 53

Bank Hall Mill, Burnley, BB10 1AQ

Notified 06/04/2016

CompanyRankvs 202+ SIC 13990 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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202Corlay & Co Limited
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How is this score calculated?
Financial strength21/25 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.

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

£183k

Balance sheet strength

Cash

£160k

Cash in the bank

Net Current Assets

£182k

Working capital

Current Assets

£340k

Current Liabilities

£159k

Fixed Assets

£10k

Debtors

£125k

0avg. employees-8

Tax at Year End

Corp tax£14k

Balance Sheet

Intangible assets£0
Assets less current liabilities£192k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.14+£15k
20241.68+£69k
20231.35+£9k
20221.26+£4k
20211.22+£3k
20200.89+£5k
20190.88—

Derived from filed accounts. Not audited figures.