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Core 2 Edge Associates Ltd

06262748

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

GROUND FLOOR, DEVIZES, SN10 1HT
Incorporated 30/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Jacqueline Witts

secretary · Since 30/05/2007

BRITISH

Mr Martin Paul Witts

director · Since 30/05/2007

COMPUTER ANALYST

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Martin Paul Witts

50–75% shares

British · England · Age 61

Ground Floor, 10 Market Place, Devizes, SN10 1HT

Notified 06/04/2016

Mrs Jacqueline Witts

25–50% shares

British · England · Age 58

Ground Floor, 10 Market Place, Devizes, SN10 1HT

Notified 06/04/2016

CompanyRankvs 11269+ SIC 62020 peers
65

Financial strength79th percentile among SIC peers · 20/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.42× · 20/20
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 strength20/25 pts

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

Employees5/15 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

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£46k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£78k

Current Liabilities

£32k

Fixed Assets

£1k

Debtors

£51

1avg. employees-1

Balance Sheet

Assets less current liabilities£47k
Signed by Mr Martin Witts 10 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.42-£40
20241.77-£22k
20233.03

Derived from filed accounts. Not audited figures.