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Cornelia Care Homes Limited

05770421

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 COUNTESS ROAD, SALISBURY, SP4 7DW
Incorporated 05/04/2006

Compliance

Last accounts

30/06/2025

small

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

87100
Residential nursing care facilities

Officers

Vasantha Nadesan

director · Since 09/01/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 5 other boards

Mrs Renuka Thillainathan

director · Since 08/07/2010

ACCOUNTANT

BRITISH · ENGLAND · Age 66

Also on 4 other boards

Persons with Significant Control

Mr Siva Nadesan

25–50% shares

British · United Kingdom · Age 62

1, Countess Road, Salisbury, SP4 7DW

Notified 07/04/2016

Mrs Renuka Thillainathan

25–50% shares

British · United Kingdom · Age 66

1, Countess Road, Salisbury, SP4 7DW

Notified 07/04/2016

Mrs Vasantha Nadesan

25–50% shares

British · United Kingdom · Age 62

1, Countess Road, Salisbury, SP4 7DW

Notified 07/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/06/2006Registered 22/06/2006Satisfied 05/03/2009

CompanyRankvs 4285+ SIC 87100 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.37× · 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

uncertainty which may cast significant doubt on the Company's ability to continue to trade as a going concern. However, the financial statements are prepared on a going concern basis which assumes that the company will be able to continue to trade for the foreseeable future. The validity of this assumption depends on the continuous support available from the parent company.

Key FinancialsYear ending 30/06/2025

Net Worth

-£1.9M

Balance sheet strength

Cash

£260k

Cash in the bank

Net Current Assets

-£4.4M

Working capital

Current Assets

£2.7M

Current Liabilities

£7.1M

Fixed Assets

£2.5M

Debtors

£2.4M

0avg. employees

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities-£1.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37+£0
20250.37+£13k
20240.37+£29k
20230.77-£11k
20220.76-£8k
20210.69-£2k
20200.69+£15k
20190.56

Derived from filed accounts. Not audited figures.