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Cornerstone Projects Limited

05132353

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

91 MARKET STREET, WIRRAL, CH47 5AA
Incorporated 19/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Duncan Rhys Phillips

director · Since 02/06/2004

PROJECTS MANAGER

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Duncan Rhys Phillips

secretary · Since 29/05/2009

Also on 3 other boards

Persons with Significant Control

Sheer Horizon Ltd

75–100% shares

91, Market Street, Wirral, CH47 5AA

Reg: 12224198 · England And Wales · Limited Company

Notified 24/09/2019

Former PSCs

Mr Duncan Rhys Phillips

Ceased 24/09/2019

Mrs Philippa Claire Phillips

Ceased 24/09/2019

CompanyRankvs 275+ SIC 71129 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£840k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£383k

Fixed Assets

£1.4M

Debtors

£670k

Profit After Tax

£660k

13avg. employees

Tax at Year End

Dividends paid£525k

Balance Sheet

Intangible assets£61
Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.94+£0
20253.94+£135k
20244.93+£174k
20235.25

Derived from filed accounts. Not audited figures.