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Korn Wall Limited

06812775

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

C/O AZETS, TY DERW LIME TREE COURT, CARDIFF, CF23 8AB
Incorporated 09/02/2009

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/04/2026

Due 24/04/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Michael Jonathan Korn

director · Since 09/02/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Mr James Denis Anscomb

director · Since 01/03/2011

COMPANY DIRECTOR

BRITISH · UNITED STATES · Age 51

Also on 1 other board

Mr Alan Ian Murrell

director · Since 16/11/2020

CEO

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Mrs Evie Korn

secretary · Since 09/05/2023

Persons with Significant Control

James Denis Anscomb

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 51

Unit 3, Unit 3 Phoenix Trading Estate, London, UB6 7DZ

Notified 06/04/2016

Mr Michael Jonathan Korn

25–50% shares
25–50% votes

British · England · Age 45

17 Eastholm, London, NW11 6LR

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 13/10/2020Registered 02/11/2020
Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 24/09/2018Registered 11/10/2018

CompanyRankvs 9003+ SIC 32990 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

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

Outstanding charges: -10 pts

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

-£236k

Balance sheet strength

Cash

£847k

Cash in the bank

Net Current Assets

£519k

Working capital

Current Assets

£2.1M

Current Liabilities

£1.6M

Fixed Assets

£684k

Debtors

£1.0M

Profit After Tax

-£925k

0avg. employees-21

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.32-£419k
20241.79-£925k
20232.68-£2.0M
20225.03+£818k
20213.28+£1.6M
20203.58+£201k
20193.72

Derived from filed accounts. Not audited figures.