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Cornforth Finance Limited

08436498

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

17 WOOD STREET, ST ANNES-ON-SEA, FY8 1QR
Incorporated 08/03/2013

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/12/2025

Due 12/01/2027

On track

Industry

64304
Activities of open-ended investment companies

Officers

Mr Ralph Benjamin Watson

director · Since 28/10/2019

BUSINESSMAN

BRITISH · ENGLAND · Age 46

Also on 7 other boards

Mr Peter James Baker

director · Since 31/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Mrs Aida Shisa Watson

75–100% shares

British · United Kingdom · Age 49

17, Wood Street, St Annes-On-Sea, FY8 1QR

Notified 22/12/2021

Mr Ralph Benjamin Watson

75–100% shares
25–50% votes

British · England · Age 46

Suite 459, Courthill House, Wilmslow, SK9 5AJ

Notified 22/12/2021

Mr Peter James Baker

75–100% shares
50–75% votes

British · England · Age 44

17, Wood Street, St Annes-On-Sea, FY8 1QR

Notified 22/12/2021

Mills And Reeve Trust Corporation Limited

75–100% shares

1 St James Court, St. James Court, Norwich, NR3 1RU

Notified 22/12/2023

Former PSCs

Mr Peter George Watson

Ceased 22/12/2021

CompanyRankvs 2789+ SIC 64304 peers
33

Financial strength12th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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.

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

-£3k

Balance sheet strength

Cash

£108

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£4k

Current Liabilities

£22k

Fixed Assets

£16k

Debtors

£4k

Tax at Year End(2019)

Corp tax£16

Director Loans

Company owes directors£16k

Balance Sheet

Assets less current liabilities-£3k
Signed by Mr Peter Baker 19/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16-£544
20240.16-£541
20230.17-£517
20220.18
20210.20
20200.21
20190.19

Derived from filed accounts. Not audited figures.