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Cornish Ventures Ltd

10052177

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3 KENSWORTH GATE, DUNSTABLE, LU6 3NS
Incorporated 09/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Michael Summers

secretary · Since 09/03/2016

Mrs Sue Summers

director · Since 09/03/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Mr Michael John Summers

director · Since 09/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mrs Susan Summers

25–50% shares
25–50% votes

British · United Kingdom · Age 61

4, Talland Road, St. Ives, TR26 2DF

Notified 01/07/2016

Mr Michael Summers

25–50% shares

British · United Kingdom · Age 61

4, Talland Road, St. Ives, TR26 2DF

Notified 01/07/2016

CompanyRankvs 2959+ SIC 55100 peers
60

Financial strength58th percentile among SIC peers · 14/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/03/2025

Net Worth

£8k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£22k

Current Liabilities

£21k

Fixed Assets

£8k

3avg. employees

Tax at Year End

Corp tax£938

Balance Sheet

Assets less current liabilities£10k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.08+£3k
20240.91+£2k
20230.85-£20k
2022-£33k

Derived from filed accounts. Not audited figures.