Korusys Limited
06388909
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/10/2007
ELECTRONICS ENGINEER
BRITISH · ENGLAND · Age 60
Also on 1 other board
secretary · Since 30/10/2007
BRITISH · ENGLAND · Age 60
Also on 1 other board
Persons with Significant Control
Mr Paul David Rushton
British · England · Age 56
Korusys Ltd, 2 Venture Road, Southampton, SO16 7NP
Notified 03/10/2016
Mr Vernon Nicholas Middleton
British · England · Age 60
Korusys Ltd, 2 Venture Road, Southampton, SO16 7NP
Notified 03/10/2016
CompanyRankvs 9992+ SIC 62020 peers76
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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.
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
£343k
Balance sheet strength
Cash
£349k
Cash in the bank
Net Current Assets
£336k
Working capital
Current Assets
£378k
Current Liabilities
£42k
Fixed Assets
£10k
Debtors
£29k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 8.93 | +£28k |
| 2024 | 7.58 | +£25k |
| 2023 | 10.81 | — |
Derived from filed accounts. Not audited figures.