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Corridan Properties Limited

04938441

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE RIDING SCHOOL HOUSE BULLS LANE, SUTTON COLDFIELD, B76 9QW
Incorporated 21/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Mary Colmana Corridan

secretary · Since 21/10/2003

IRISH · UNITED KINGDOM · Age 66

Also on 15 other boards

Mrs Mary Colmana Corridan

director · Since 21/10/2003

DIRECTOR

IRISH · UNITED KINGDOM · Age 66

Also on 15 other boards

Mr Patrick Gerard Joseph Corridan

director · Since 21/10/2003

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Mr David Corridan

director · Since 01/11/2004

NONE

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr David Corridan

25–50% shares

British · England · Age 41

The Riding School House, Bulls Lane, Sutton Coldfield, B76 9QW

Notified 06/04/2016

Mrs Mary Colmana Corridan

25–50% shares

Irish · United Kingdom · Age 66

The Riding School House, Bulls Lane, Sutton Coldfield, B76 9QW

Notified 03/10/2024

Charges1 outstanding

Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 24/06/2013Registered 15/07/2013
charge
satisfied

AIB GROUP (UK) PLC

Created 18/08/2011Registered 01/09/2011Satisfied 08/08/2012
charge
satisfied

AIB GROUP (UK) PLC

Created 18/08/2011Registered 01/09/2011Satisfied 08/08/2012

CompanyRankvs 71740+ SIC 68209 peers
48

Financial strength48th percentile among SIC peers · 12/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength12/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

£1k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£127k

Current Liabilities

£1.4M

Fixed Assets

£1.5M

Debtors

£111k

Profit After Tax

£43k

3avg. employees

Balance Sheet

Assets less current liabilities£298k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09
20240.19-£100k
20230.22-£10k
20220.21-£14k
20210.27+£11k
20200.25+£9k
20190.28+£3k
20180.26+£4k
20160.28

Derived from filed accounts. Not audited figures.