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Kori Construction Limited

06803898

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

6 SAXON HOUSE, CORBY, NN18 9EZ
Incorporated 28/01/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Stephen Culbert

director · Since 28/01/2009

BUILDER

BRITISH · ENGLAND · Age 60

Also on 7 other boards

Mrs Susan Gaynor Bird

director · Since 01/09/2016

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mr Jordan James Connachie

director · Since 02/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Mr Tony Robinson

director · Since 30/11/2021

PRE-CONSTRUCTION DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Mr Kyle Fielding

director · Since 21/10/2022

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Kori Construction (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

6 Saxon House, Saxon Way West, Corby, NN18 9EZ

Reg: 11421766 · Companies House · Company Limited By Shares

Notified 18/01/2019

Former PSCs

Mr Stephen Culbert

Ceased 18/01/2019

Mr Andrew John Culbert

Ceased 01/12/2018

Jordan James Connachie

Ceased 18/01/2019

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/01/2019Registered 17/01/2019Satisfied 26/04/2024

CompanyRankvs 1129+ SIC 41201 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.31× · 12/20
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 strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

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

£69.9M

Annual revenue

Net Worth

£7.3M

Balance sheet strength

Cash

£18.5M

Cash in the bank

Profit Before Tax

£5.0M

Bottom line earnings

Net Current Assets

£7.2M

Working capital

Current Assets

£30.0M

Current Liabilities

£22.8M

Fixed Assets

£206k

Debtors

£9.7M

Cost of Sales

£63.1M

Gross Profit

£6.8M

Admin Expenses

£2.5M

Operating Profit

£4.3M

Profit After Tax

£3.7M

51avg. employees+6

Tax at Year End

Corp tax£469k
Dividends paid£518k

People Costs

Wages & salaries£2.9M
NI contributions£327k

Balance Sheet

Assets less current liabilities£7.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.31+£3.2M
20241.21+£2.1M
20231.19+£1.0M
20221.18-£64k
20211.53+£336k
20201.88+£446k
20192.03

Derived from filed accounts. Not audited figures.