Back to search

Correl8 Limited

05335659

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

ADAM HOUSE 7-10 ADAM STREET, LONDON, WC2N 6AA
Incorporated 18/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Simon Norton Bland

director · Since 09/08/2005

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 13 other boards

Mr Oliver Giles Wood

director · Since 09/08/2005

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Mr Simon Norton Bland

secretary · Since 01/07/2006

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 13 other boards

Persons with Significant Control

Mr Simon Norton Bland

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

Adam House, 7-10 Adam Street, London, WC2N 6AA

Notified 06/04/2016

Mr Oliver Giles Wood

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

Adam House, 7-10 Adam Street, London, WC2N 6AA

Notified 18/01/2017

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 11/07/2022Registered 12/07/2022
Charge
outstanding

HSBC UK BANK PLC

Created 11/07/2022Registered 12/07/2022

CompanyRankvs 18146+ SIC 62012 peers
49

Financial strength65th percentile among SIC peers · 16/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Arden Software Limited
90
2Synergy Logistics Limited
90
3Animation 2000 Limited
90
4Clive Holmes Limited
90
5H. & A.K. Fletcher Limited
90
6Datastor Systems Limited
90
7Xenith Document Systems Ltd
90
8Tba Doncaster Limited
90
9Industrial Tool Supplies (London) Limited
90
10Computair Limited
90
18146Correl8 Limited
59
How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£15k

Current Liabilities

£44k

Fixed Assets

£82k

2avg. employees

Balance Sheet

Assets less current liabilities£52k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33+£0
20250.33—
20240.14—
20230.96—
20220.92—
20211.03-£3k
2020—-£26k

Derived from filed accounts. Not audited figures.