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Cortwood Limited

10002586

active
Private Limited Company
england wales
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

OAKLEY HOUSE HEADWAY BUSINESS PARK, CORBY, NN18 9EZ
Incorporated 12/02/2016

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 06/06/2026

Due 20/06/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Harjinder Somel

director · Since 12/02/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Persons with Significant Control

Mr Harjinder Somel

75–100% shares
75–100% votes

British · England · Age 49

Oakley House Headway Business Park, 3 Saxon Way West, Corby, NN18 9EZ

Notified 03/06/2016

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 04/11/2016Registered 04/11/2016
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 04/11/2016Registered 04/11/2016

CompanyRankvs 38682+ SIC 68100 peers
48

Financial strength82th percentile among SIC peers · 21/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength21/25 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.

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.

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 31/10/2025

Net Worth

£70k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£77k

Working capital

Current Assets

£7k

Current Liabilities

£84k

Debtors

£756

1avg. employees

Balance Sheet

Assets less current liabilities£148k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£5k
20240.09+£9k
20230.05

Derived from filed accounts. Not audited figures.