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Cornerstone Tax Limited

10154301

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

FA SIMMS & PARTNERS LIMITED ALMA PARK WOODWAY LANE, LEICESTERSHIRE, LE17 5FB
Incorporated 28/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr David Warren Hannah

director · Since 28/04/2016

TAX CONSULTANT

BRITISH · ENGLAND · Age 65

Also on 52 other boards

Persons with Significant Control

Cornerstone Group International Limited

Significant control

Milestone House, 18 Nursery Court, Leicester, LE8 0EX

Reg: 3874730 · England And Wales Register · Private Limited Company

Notified 14/08/2020

Former PSCs

Mr David Warren Hannah

Ceased 14/08/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/07/2016Registered 08/07/2016

CompanyRankvs 15+ SIC 64999 peers
21

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

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.

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 31/08/2019

Net Worth

-£57k

Balance sheet strength

Cash

£125k

Cash in the bank

Net Current Assets

-£86k

Working capital

Current Assets

£415k

Current Liabilities

£501k

Fixed Assets

£35k

Debtors

£290k

1avg. employees

Balance Sheet

Assets less current liabilities-£50k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20190.83-£412k
20182.02

Derived from filed accounts. Not audited figures.