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Corvette Properties Ltd

09879783

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE MALTINGS, CARDIFF, CF24 5EZ
Incorporated 19/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Ravi Nalliah

director · Since 19/11/2015

DIRECTOR

BRITISH · WALES · Age 50

Persons with Significant Control

Mr Ravi Nalliah

75–100% shares
75–100% votes

British · Wales · Age 50

The Maltings, East Tyndall Street, Cardiff, CF24 5EZ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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Charge
outstanding

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Created 20/05/2021Registered 21/05/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 23/01/2017Registered 27/01/2017Satisfied 06/10/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 30/03/2016Registered 01/04/2016Satisfied 06/10/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 23/03/2016Registered 29/03/2016Satisfied 09/12/2016

CompanyRankvs 72937+ SIC 68209 peers
53

Financial strength87th percentile among SIC peers · 22/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.53× · 6/20
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 strength22/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/11/2025

Net Worth

£371k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£27k

Current Liabilities

£50k

Fixed Assets

£581k

Debtors

£7k

1avg. employees

Balance Sheet

Bank loans & overdrafts£27k
Assets less current liabilities£557k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.53+£0
20250.53+£30k
20240.34+£252k

Derived from filed accounts. Not audited figures.