Cortex Lighting Limited
04964152
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/11/2003
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 1 other board
Persons with Significant Control
Mr Lee James Raggett
British · United Kingdom · Age 57
Unit 5 Kingfisher Park, Collingwood Road, Wimborne, BH21 6US
Notified 06/04/2016
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 492+ SIC 27400 peers25
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan
Key FinancialsYear ending 30/06/2025
Net Worth
-£48k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£58k
Working capital
Current Assets
£13k
Current Liabilities
£70k
Fixed Assets
£2k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.18 | +£0 |
| 2025 | 0.18 | -£23k |
| 2024 | 0.46 | — |
| 2023 | 1.27 | — |
| 2022 | 0.49 | — |
Derived from filed accounts. Not audited figures.