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Cornsdale Limited

05041357

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

Myo Piccadilly, 1 Sherwood Street, London, W1F 7BL
Incorporated 11/02/2004

Previously known as

Ingenious Distribution Services Limited · until 17/11/2020
Ingenious Distribution Limited · until 23/02/2006
Ingenious Distribution 1 Limited · until 20/05/2004

Compliance

Last accounts

29/12/2024

full

Next accounts due

22/09/2026

On track

Confirmation statement

Last: 05/05/2026

Due 19/05/2027

On track

Industry

82990
Other business support service activities

Officers

Mr Duncan Murray Reid

director · Since 11/02/2004

BRITISH · UNITED KINGDOM · Age 68

Also on 491 other boards

Sarah Cruickshank

secretary · Since 11/10/2006

OTHER

Also on 320 other boards

Duncan Murray Reid

director · Since 11/02/2004

British · United Kingdom · Age 68

Sarah Cruickshank

secretary · Since 11/10/2006

Other

Former

Company Directors Limited

corporate nominee director · Resigned 11/02/2004

Temple Secretaries Limited

corporate nominee secretary · Resigned 11/02/2004

Ravi Patel

secretary · Resigned 23/06/2006

Susan Elizabeth Ford

secretary · Resigned 11/10/2006

Ravi Patel

director · Resigned 22/08/2007

Kevin Thomas John Mead

director · Resigned 31/08/2007

Susan Elizabeth Ford

director · Resigned 09/05/2008

Patrick Anthony Mckenna

director · Resigned 01/06/2009

James Henry Michael Clayton

director · Resigned 19/09/2014

Sebastian James Speight

director · Resigned 22/03/2016

Matthew Taylor Bugden

director · Resigned 22/03/2016

John Leonard Boyton

director · Resigned 19/06/2016

Jennifer Wright

secretary · Resigned 11/04/2019

Neil Andrew Forster

director · Resigned 06/03/2024

Persons with Significant Control

Freeshire Limited

75–100% shares
75–100% votes
Appoint directors

Myo Picadilly, 1 Sherwood Street, London, W1F 7BL

Reg: 03573626 · Companies House · Limited By Shares

Notified 01/01/2017

Change History

officer appointedCRUICKSHANK, Sarah
2026-07-22
officer appointedREID, Duncan Murray
2026-07-22
statusactive
2026-07-22

Active

typeltd
2026-07-22

Private Limited Company

address line1Myo Piccadilly
2026-07-22

MYO PICCADILLY

post townLondon
2026-07-22

LONDON

CompanyRankvs 129989+ SIC 82990 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 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

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

0avg. employees

Tax at Year End

Corp tax£327k

Balance Sheet

Assets less current liabilities-£1.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.19-£3k
20230.19

Derived from filed accounts. Not audited figures.