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Cora Health Ltd

06896144

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

SUITE 9 20 CHURCHILL SQUARE, WEST MALLING, ME19 4YU
Incorporated 06/05/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Neil Richard Cook

director · Since 06/05/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 4 other boards

Mr Nicholas John Mcgrath

director · Since 06/05/2009

PHYSIOTHERAPIST

IRISH · ENGLAND · Age 54

Also on 7 other boards

Mr Michael Denis Barker

director · Since 20/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 11 other boards

Mr Michael Edward Turner

director · Since 20/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 12 other boards

Mr Andrew Geoffrey Walton

director · Since 20/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 13 other boards

Persons with Significant Control

Cora Health Bidco Ltd

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

The Light Box Quorum Business Park, Benton Lane, Newcastle Upon Tyne, NE12 8EU

Reg: 16037087 · Companies House · Private Company Limited By Shares

Notified 20/12/2024

Former PSCs

Mr Neil Richard Cook

Ceased 20/12/2024

Bgf Investment Management Limited

Ceased 20/12/2024

Bgf Gp Limited

Ceased 01/11/2019

Mr Nicholas John Mcgrath

Ceased 20/12/2024

Charges3 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUMEN

Created 17/01/2025Registered 24/01/2025
Charge
outstanding

BGF NOMINEES LIMITED AS SECURITY TRUSTEE FOR ITSELF AND THE SECURED PARTIES

Created 17/01/2025Registered 24/01/2025
Charge
outstanding

LDC (MANAGERS) LIMITED

Created 17/01/2025Registered 22/01/2025
Charge
satisfied

BGF NOMINEES LIMITED (AS SECURITY TRUSTEE)

Created 25/11/2022Registered 02/12/2022Satisfied 23/12/2024
Charge
satisfied

HSBC UK BANK PLC

Created 24/12/2018Registered 10/01/2019Satisfied 19/12/2024
Charge
satisfied

HSBC UK BANK PLC

Created 24/12/2018Registered 10/01/2019Satisfied 19/12/2024
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 20/06/2016Registered 21/06/2016Satisfied 04/02/2022

CompanyRankvs 452+ SIC 82990 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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 c

Key FinancialsYear ending 31/03/2024

Net Worth

£15.2M

Balance sheet strength

Cash

£265k

Cash in the bank

Net Current Assets

£17.4M

Working capital

Current Assets

£22.5M

Current Liabilities

£5.1M

Fixed Assets

£2.4M

Debtors

£22.2M

Profit After Tax

£132k

194avg. employees-39

Tax at Year End

Corp tax£445k
Dividends paid£400k

Balance Sheet

Intangible assets£123k
Bank loans & overdrafts£798k
Assets less current liabilities£19.9M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20244.45-£715k
20236.39+£930k
20226.61+£2.9M
20216.81+£3.3M
20205.61

Derived from filed accounts. Not audited figures.