Cornelsen Limited
04890834
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 02/04/2024
Persons with Significant Control
Michael Peter
German · United Kingdom · Age 55
Cornelsen Ltd, Unit 26, Southfield Road, Nailsea, BS48 1JJ
Notified 08/02/2024
Former PSCs
Mr Quentin Hulm
Ceased 08/02/2024
Mr Martin Gerhard Cornelsen
Ceased 08/02/2024
Charges1 outstanding
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CompanyRankvs 30+ SIC 39000 peers78
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
£2.3M
Balance sheet strength
Cash
£834k
Cash in the bank
Net Current Assets
£2.2M
Working capital
Current Assets
£2.8M
Current Liabilities
£587k
Fixed Assets
£254k
Debtors
£1.8M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.70 | — |
| 2023 | 2.13 | +£194k |
| 2022 | 1.34 | -£87k |
| 2021 | 1.45 | — |
Derived from filed accounts. Not audited figures.