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Korvus Technology Ltd

09491733

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

52C BOROUGH HIGH STREET, LONDON, SE1 1XN
Incorporated 16/03/2015

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/03/2026

Due 30/03/2027

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Glynn Carl Reece

secretary · Since 18/10/2020

Mr Mark Stephen Lavelle

director · Since 18/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 28 other boards

Mr Bradley Leonard Ormsby

director · Since 18/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 15 other boards

Mr Stephen Martyn Ottaway

director · Since 01/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Dr Ian Christopher Wilcock

director · Since 21/01/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 13 other boards

Persons with Significant Control

Judges Scientific Plc

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

52c, Borough High Street, London, SE1 1XN

Reg: 04597315 · Register Of Companies, Companies House · Public Limited Company

Notified 18/10/2020

Former PSCs

Mrs Philippa Ann Allers

Ceased 18/10/2020

Dr Lars Allers

Ceased 18/10/2020

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 01/07/2024Registered 03/07/2024
Charge
outstanding

LLOYDS BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 20/05/2022Registered 25/05/2022
Charge
satisfied

BANK OF SCOTLAND PLC

Created 18/10/2020Registered 28/10/2020Satisfied 01/06/2022
Charge
outstanding

JUDGES SCIENTIFIC PLC

Created 18/10/2020Registered 21/10/2020

CompanyRankvs 10420+ SIC 27900 peers
49

Financial strength20th percentile among SIC peers · 5/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.79× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees8/15 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.

Longevity11/15 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 31/03/2020

Net Worth

£2

Balance sheet strength

Cash

£160k

Cash in the bank

Net Current Assets

£589k

Working capital

Current Assets

£917k

Current Liabilities

£328k

Fixed Assets

£93k

Debtors

£405k

2avg. employees

Balance Sheet

Assets less current liabilities£682k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20202.79

Derived from filed accounts. Not audited figures.