Cordel Limited
09763328
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/08/2023
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 4 other boards
director · Since 16/09/2024
CFO
BRITISH · ENGLAND · Age 36
Also on 1 other board
director · Since 20/11/2024
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 2 other boards
Persons with Significant Control
Cordel Group Plc
10, John Street, London, WC1N 2EB
Reg: 11098701 · Companies House · Public Limited Company
Notified 11/05/2018
CompanyRankvs 36686+ SIC 62090 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£103k
Balance sheet strength
Cash
£663k
Cash in the bank
Net Current Assets
-£167k
Working capital
Current Assets
£1.0M
Current Liabilities
£1.2M
Fixed Assets
£66k
Debtors
£311k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.86 | +£3k |
| 2024 | 0.87 | — |
| 2023 | 0.82 | — |
| 2022 | 0.78 | — |
| 2021 | 0.85 | — |
| 2020 | 0.15 | — |
| 2019 | 0.05 | — |
| 2018 | 0.29 | — |
Derived from filed accounts. Not audited figures.