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Coral Homes Limited

08584504

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

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 25/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Edward Charles Connor

director · Since 25/06/2013

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Cresco Holdings Limited

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

29, Hartfield Road, Bexhill-On-Sea, TN39 3EA

Reg: 16020086 · England · Private Company Limited By Shares

Notified 17/10/2024

Former PSCs

Mr Edward Charles Connor

Ceased 17/10/2024

Charges3 outstanding

Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 26/05/2023Registered 02/06/2023
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 26/05/2023Registered 02/06/2023
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 10/06/2022Registered 10/06/2022Satisfied 13/12/2024
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 27/03/2020Registered 01/04/2020Satisfied 30/05/2023
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 04/10/2018Registered 10/10/2018Satisfied 31/05/2023
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 04/10/2018Registered 10/10/2018

CompanyRankvs 4686+ SIC 41202 peers
56

Financial strength92th percentile among SIC peers · 23/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 4.28× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees5/15 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

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

foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion. Turnover Turnover represents net invoiced sales of goods and servi

Key FinancialsYear ending 30/06/2024

Net Worth

£211k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.5M

Current Liabilities

£588k

Fixed Assets

£684k

Debtors

£471k

1avg. employees

Tax at Year End(2023)

Corp tax£1k

Balance Sheet

Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.28+£7k
20233.37

Derived from filed accounts. Not audited figures.