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Cornstreet Investments Ltd

08430918

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

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

Details

AGINCOURT HOUSE, NEWPORT, NP20 4PB
Incorporated 05/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Christopher Rabaiotti

director · Since 18/05/2015

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Persons with Significant Control

Mr Chrisopher Rabaiotti

75–100% shares

British · Wales · Age 56

Agincourt House, 14 Clytha Park Road, Newport, NP20 4PB

Notified 01/07/2016

Charges3 outstanding

Charge
outstanding

LLOYD BANK PLC

Created 31/01/2024Registered 02/02/2024
Charge
satisfied

LLOYDS BANK PLC

Created 17/07/2018Registered 18/07/2018Satisfied 07/12/2022
Charge
outstanding

LLOYDS BANK PLC

Created 05/07/2018Registered 05/07/2018
Charge
outstanding

NEWPORT CITY COUNCIL

Created 06/10/2015Registered 21/10/2015
Charge
satisfied

VINCE TAYLOR

Created 31/07/2015Registered 11/08/2015Satisfied 24/08/2022

CompanyRankvs 4063+ SIC 68100 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.05× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees9/15 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.

Longevity13/15 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 31/10/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.8M

Current Liabilities

£604k

Debtors

£1.6M

1avg. employees

Balance Sheet

Bank loans & overdrafts£131k
Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.05-£9k
20233.06+£851k
20222.13+£29k
20221.89+£40k
20214.61+£43k
20205.00+£52k
20193.27

Derived from filed accounts. Not audited figures.