Correct Contract Services Limited
06368614
Some Concerns
- Going concern doubt noted in accounts (-10)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
medium
Next accounts due
31/12/2026
Confirmation statement
Last: 07/05/2026
Due 21/05/2027
Industry
Officers
director · Since 12/09/2007
OPERATIONS MANAGER
BRITISH · ENGLAND · Age 64
Also on 3 other boards
director · Since 12/09/2007
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 17 other boards
director · Since 21/04/2015
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
director · Since 28/02/2018
ACCOUNTANT/BUSINESS CONSULTANT
BRITISH · ENGLAND · Age 79
Also on 1 other board
Persons with Significant Control
Ccs Tad Limited
Fleming Court, Leigh Road, Southampton, SO50 9PD
Reg: 09307249 · Registrar Of Companies · Private Limited Company
Notified 28/02/2018
Former PSCs
Mr Trevor Stanley Dempsey
Ceased 28/02/2018
Mr Danny Lee Gladwyn
Ceased 28/02/2018
Charges1 outstanding
SANTANDER UK PLC AS SECURITY TRUSTEE
NUCLEUS COMMERCIAL FINANCE1 LIMITED
NUCLEUS COMMERCIAL FINANCE LIMITED
Insolvency History1 case
Carl Stuart Jackson (practitioner) · Paul Anthony Goddard (practitioner) · Andrew Watling (practitioner)
CompanyRankvs 1478+ SIC 43220 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
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£29.0M
Annual revenue
Net Worth
£4.6M
Balance sheet strength
Cash
£1.1M
Cash in the bank
Profit Before Tax
£1.6M
Bottom line earnings
Net Current Assets
£3.9M
Working capital
Current Assets
£8.6M
Current Liabilities
£4.7M
Fixed Assets
£916k
Debtors
£5.8M
Cost of Sales
£18.7M
Gross Profit
£10.3M
Admin Expenses
£8.7M
Operating Profit
£1.6M
Profit After Tax
£1.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.83 | +£1.2M |
| 2024 | 1.51 | +£2.5M |
| 2023 | 1.11 | +£466k |
| 2022 | 1.07 | -£123k |
| 2021 | 1.34 | +£206k |
| 2020 | 1.08 | +£14k |
| 2019 | 1.21 | — |
Derived from filed accounts. Not audited figures.