Cornsdale Limited
05041357
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
29/12/2024
full
Next accounts due
22/09/2026
Confirmation statement
Last: 05/05/2026
Due 19/05/2027
Industry
Officers
director · Since 11/02/2004
BRITISH · UNITED KINGDOM · Age 68
Also on 491 other boards
Former
corporate nominee director · Resigned 11/02/2004
corporate nominee secretary · Resigned 11/02/2004
secretary · Resigned 23/06/2006
secretary · Resigned 11/10/2006
director · Resigned 22/08/2007
director · Resigned 31/08/2007
director · Resigned 09/05/2008
director · Resigned 01/06/2009
director · Resigned 19/09/2014
director · Resigned 22/03/2016
director · Resigned 22/03/2016
director · Resigned 19/06/2016
secretary · Resigned 11/04/2019
director · Resigned 06/03/2024
Persons with Significant Control
Freeshire Limited
Myo Picadilly, 1 Sherwood Street, London, W1F 7BL
Reg: 03573626 · Companies House · Limited By Shares
Notified 01/01/2017
Change History
Active
Private Limited Company
MYO PICCADILLY
LONDON
CompanyRankvs 129989+ SIC 82990 peers24
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
director intends to continue operating its business and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The going concern basis of accounting is appropriate however there are material uncertainties related to events or conditions that may cast significant doubt upon the Company’s ability to continue to adopt
Key FinancialsYear ending 29/12/2024
Net Worth
-£1.4M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£1k
Bottom line earnings
Net Current Assets
-£1.4M
Working capital
Current Assets
£314k
Current Liabilities
£1.7M
Debtors
£314k
Profit After Tax
-£3k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.19 | -£3k |
| 2023 | 0.19 | — |
Derived from filed accounts. Not audited figures.