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Corkel Holdings Limited

10293314

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

PLEASURELAND, MORECAMBE, LA4 4BU
Incorporated 25/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Gavin Reader

director · Since 25/07/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Mr Solomon Luke Reader

director · Since 25/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Mr Solomon Luke Reader

25–50% shares
25–50% votes

British · England · Age 49

The Willows, Biddick Lane, Washington, NE38 8AB

Notified 24/08/2017

Mr Gavin Reader

25–50% shares
25–50% votes

British · United Kingdom · Age 59

65, Church Street, Seaham, SR7 7HF

Notified 24/08/2017

Former PSCs

Kenneth Reader

Ceased 24/08/2017

Julie Reader

Ceased 24/08/2017

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 21/09/2016Registered 22/09/2016Satisfied 29/04/2021

CompanyRankvs 6052+ SIC 70100 peers
54

Financial strength91th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 30/03/2025

Net Worth

£4.0M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£26k

Current Liabilities

£50k

Fixed Assets

£4.0M

Debtors

£26k

Profit After Tax

-£7k

2avg. employees+2

Balance Sheet

Assets less current liabilities£4.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.52-£12k
20230.72-£2k
20220.76-£2k
20210.79-£2k
20200.88-£2k
20192.60

Derived from filed accounts. Not audited figures.