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Koreaone Services Limited

09294651

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

25/30
Filing
20/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)

Details

11 PIMPERNEL WAY, ROMFORD, RM3 8BT
Incorporated 04/11/2014

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

Overdue

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

41100
Development of building projects

Officers

Mr Korede Peter Aiyegbusi

director · Since 04/11/2014

CONTRACTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Persons with Significant Control

Mr Korede Peter Aiyegbusi

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

British · United Kingdom · Age 53

Suite 4 Second Floor Aus Bore House 19-25, Manchester Road, Wilmslow, SK9 1BQ

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation01/06/2026

James Kaye (practitioner) · Nicholas Morgan (practitioner)

CompanyRankvs 31793+ SIC 41100 peers
45

Financial strength57th percentile among SIC peers · 14/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£24k

Current Liabilities

£23k

Debtors

£24k

0avg. employees

Balance Sheet

Bank loans & overdrafts£68k
Assets less current liabilities£71k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08+£1k
20231.02

Derived from filed accounts. Not audited figures.