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Corms Limited

05325244

active
ltd
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
64 / 100

Some Concerns

30/30
Filing
20/30
Financial
14/40
Risk
  • Active insolvency proceedings (-20)
  • 3 outstanding charges (-6)

Details

21 West Street, Gravesend, DA11 0BF
Incorporated 06/01/2005

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Satwinder Singh Binning

director · Since 13/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Satwinder Singh Binning

director · Since 13/12/2022

British · England · Age 52

Former

Rawinder Binning

secretary · Resigned 06/01/2005

Satwinder Binning

director · Resigned 06/01/2005

Tejwant Chattha

secretary · Resigned 15/02/2012

Rawinder Singh Binning

director · Resigned 13/12/2022

Persons with Significant Control

Mr Satwinder Singh Binning

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

British · England · Age 52

21, West Street, Gravesend, DA11 0BF

Notified 06/04/2016

Former PSCs

Mr Rawinder Singh Binning

Ceased 13/12/2022

Charges3 outstanding

Charge
outstanding

CHL MORTGAGES FOR INTERMEDIARIES LIMITED

Created 04/04/2025Registered 07/04/2025
charge
outstanding

MORTGAGE EXPRESS

Created 11/10/2007Registered 15/10/2007
charge
satisfied

MORTGAGE EXPRESS

Created 17/07/2007Registered 26/07/2007Satisfied 22/01/2024
charge
outstanding

MORTGAGE EXPRESS

Created 17/07/2007Registered 26/07/2007

Insolvency History4 cases

receiver manager

Joseph Antony Pitt (receiver manager) · Benedict James Nicholas Moon (receiver manager)

receiver manager

Joseph Antony Pitt (receiver manager) · Benedict James Nicholas Moon (receiver manager)

receiver manager

Joseph Antony Pitt (receiver manager) · Benedict James Nicholas Moon (receiver manager)

receiver manager

Joseph Antony Pitt (receiver manager) · Benedict James Nicholas Moon (receiver manager)

Change History

statusactive
2026-08-06

Active

typeltd
2026-08-06

Private Limited Company

address line121 West Street
2026-08-06

21 WEST STREET

post townGravesend
2026-08-06

GRAVESEND

officer appointedBINNING, Satwinder Singh
2026-08-06

CompanyRankvs 12525+ SIC 68209 peers
59

Financial strength78th percentile among SIC peers · 20/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 15.67× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/06/2025

Net Worth

£103k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£187k

Working capital

Current Assets

£200k

Current Liabilities

£13k

Fixed Assets

£202k

Debtors

£196k

1avg. employees

Balance Sheet

Bank loans & overdrafts£281k
Assets less current liabilities£389k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202515.67+£0
202515.67+£4k
20240.45+£28k
20230.29

Derived from filed accounts. Not audited figures.