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Corfam Ltd

10226913

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4A DALTON COURT, DARWEN, BB3 0DG
Incorporated 11/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Richard Thomas Cort

director · Since 11/06/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 1 other board

Persons with Significant Control

Mr Richard Thomas Cort

50–75% shares

British · United Kingdom · Age 70

Lancaster House 70-76, Blackburn Street, Radcliffe, M26 2JW

Notified 11/06/2016

Charges1 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 30/10/2024Registered 30/10/2024

CompanyRankvs 37550+ SIC 64209 peers
31

Financial strength5th percentile among SIC peers · 1/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.58× · 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 strength1/25 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.

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 31/12/2024

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£130k

Working capital

Current Assets

£179k

Current Liabilities

£309k

Fixed Assets

£105k

1avg. employees

Balance Sheet

Assets less current liabilities-£24k
Signed by Mr Richard Cort 25/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58-£47k
20232.50-£1k
20224.67-£47k
202110.70-£2k
202011.66+£14k
20190.12+£24k

Derived from filed accounts. Not audited figures.