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Korona Direct Ltd

09077229

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

19 SADLERS WAY, HERTFORD, SG14 2DZ
Incorporated 09/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Ivan Ivanov

director · Since 09/06/2014

EXPORT/IMPORT

BULGARIAN · ENGLAND · Age 49

Miss Donka Botevska

secretary · Since 01/10/2016

Persons with Significant Control

Mr Ivan Ivanov

75–100% shares

Bulgarian · England · Age 49

19, Sadlers Way, Hertford, SG14 2DZ

Notified 09/06/2017

CompanyRankvs 54441+ SIC 41202 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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54441Korona Direct Ltd
32
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

Longevity12/15 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 30/06/2025

Net Worth

-£101k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£10k

Current Liabilities

£76k

Fixed Assets

£1

0avg. employees

Balance Sheet

Assets less current liabilities-£66k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.13+£402
20240.14+£277
20230.22—

Derived from filed accounts. Not audited figures.