Back to search

Corax Ltd

09703004

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

10 WELLINGTON STREET, CAMBRIDGE, CB1 1HW
Incorporated 25/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Dr Dominic Kim Selwood

secretary · Since 25/07/2015

Also on 1 other board

Delia Beatrice Elizabeth Selwood

director · Since 25/07/2015

ARTIST

BRITISH · UNITED KINGDOM · Age 54

Dr Dominic Kim Selwood

director · Since 25/07/2015

WRITER/LAWYER

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Persons with Significant Control

Dr Dominic Kim Selwood

25–50% shares
25–50% votes

British · England · Age 55

10, Wellington Street, Cambridge, CB1 1HW

Notified 24/07/2016

Delia Beatrice Elizabeth Selwood

25–50% shares
25–50% votes

British · England · Age 54

10, Wellington Street, Cambridge, CB1 1HW

Notified 24/07/2016

CompanyRankvs 53768+ SIC 74909 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

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.

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

Key FinancialsYear ending 31/07/2023

Net Worth

-£63k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£1k

Current Liabilities

£63k

Fixed Assets

£290

0avg. employees

Balance Sheet

Assets less current liabilities-£62k
Signed by 09703004 2022-08-01 2023-07-31 09703004 2023-07-31 09703004 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20230.02-£15k
20220.03-£22k
20210.17-£17k
20200.47-£7k
20190.62-£6k
20181.05

Derived from filed accounts. Not audited figures.