Cordash Limited
05197532
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 04/01/2026
Due 18/01/2027
Industry
Officers
director · Since 04/11/2004
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 2 other boards
director · Since 01/10/2014
SOLICITOR
BRITISH · ENGLAND · Age 56
Also on 7 other boards
Persons with Significant Control
Mr Toby George Howell Ashworth
British · England · Age 58
Md Office, The Nare Hotel, Carne Beach, Truro, TR2 5PF
Notified 06/04/2016
Mrs Katie Amanda Ashworth
British · England · Age 56
Crosswyn House, St. Ewe, St. Austell, PL26 6EX
Notified 24/12/2018
Former PSCs
M A Ashworth Trust
Ceased 24/12/2018
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 1840+ SIC 74990 peers56
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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
not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect
Key FinancialsYear ending 31/12/2024
Turnover
£5.7M
Annual revenue
Net Worth
£13.9M
Balance sheet strength
Cash
£1.1M
Cash in the bank
Profit Before Tax
£371k
Bottom line earnings
Net Current Assets
-£257k
Working capital
Current Assets
£1.4M
Current Liabilities
£1.6M
Fixed Assets
£20.6M
Debtors
£101k
Cost of Sales
£722k
Gross Profit
£5.0M
Admin Expenses
£4.0M
Operating Profit
£691k
Profit After Tax
£273k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.84 | +£73k |
| 2023 | 0.31 | — |
Derived from filed accounts. Not audited figures.