Corsearch Ltd
07861474
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/05/2012
PRESIDENT, BRAND PROTECTION
BRITISH · UNITED KINGDOM · Age 57
Also on 3 other boards
director · Since 28/09/2023
CFO
NEW ZEALANDER · UNITED STATES · Age 54
Also on 5 other boards
Persons with Significant Control
Foreigner Uk Bidco Limited
C/O Dwf Company Secretarial Services Limited, 1 Scott Place, Manchester, M3 3AA
Reg: 13348917 · Companies House · Limited By Shares
Notified 18/06/2021
Former PSCs
Simon Baggs
Ceased 25/05/2022
Charges1 outstanding
ANTARES CAPITAL LP, AS COLLATERAL AGENT
TRIPLEPOINT CAPITAL LLC
TRIPLEPOINT CAPITAL LLC
TRIPLEPOINT CAPITAL LLC
CompanyRankvs 405+ SIC 62012 peers70
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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
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
Key FinancialsYear ending 31/12/2021
Turnover
£7.8M
Annual revenue
Net Worth
£9.4M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Profit Before Tax
-£17.5M
Bottom line earnings
Net Current Assets
£4.4M
Working capital
Current Assets
£8.4M
Current Liabilities
£4.0M
Fixed Assets
£5.1M
Debtors
£7.1M
Cost of Sales
£3.5M
Gross Profit
£4.3M
Admin Expenses
£11.6M
Operating Profit
-£16.6M
Profit After Tax
-£17.3M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 2.09 | +£10.1M |
| 2020 | 2.76 | — |
Derived from filed accounts. Not audited figures.