Corporate Residences Limited
10411469
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Prabhath Udugampola
British · England · Age 40
71-75, Shelton Street, London, WC2H 9JQ
Notified 05/10/2016
Former PSCs
Dr Renuka Fernando
Ceased 05/10/2019
Mr Prabhath Devinda Udugampola
Ceased 12/02/2020
Charges1 outstanding
IWOCA SKYE FINANCE LTD
CompanyRankvs 9335+ SIC 55900 peers17
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£282k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£280k
Working capital
Current Assets
£7
Current Liabilities
£280k
Tax at Year End(2020)
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£8k |
| 2023 | 0.00 | -£10k |
| 2022 | 0.00 | -£27k |
| 2021 | 0.03 | -£154k |
| 2020 | 0.44 | -£77k |
| 2019 | -1.02 | +£0 |
| 2018 | -1.13 | — |
Derived from filed accounts. Not audited figures.