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Korealm Limited

10539013

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

44 RUSKIN ROAD, BELVEDERE, DA17 5BB
Incorporated 23/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Olumuyiwa Oluseye Awonuga

director · Since 23/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mrs Omosuwa Omosefe Awonuga

director · Since 14/06/2019

ADMINISTRATOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Olumuyiwa Oluseye Awonuga

75–100% shares

British · England · Age 51

44, Ruskin Road, Belvedere, DA17 5BB

Notified 23/12/2016

Mrs Omosuwa Omosefe Awonuga

Significant control

British · England · Age 52

44, Ruskin Road, Belvedere, DA17 5BB

Notified 23/12/2016

Charges8 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/01/2026Registered 28/01/2026
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/01/2026Registered 28/01/2026
Charge
outstanding

ONESAVINGS BANK PLC

Created 20/11/2024Registered 21/11/2024
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED, TRADING AS PRECISE MORTGAGES

Created 12/09/2023Registered 13/09/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED, TRADING AS PRECISE MORTGAGES

Created 16/02/2023Registered 16/02/2023
Charge
outstanding

PARATUS AMC LIMITED

Created 12/03/2021Registered 23/03/2021
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 30/11/2020Registered 04/12/2020
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 11/10/2019Registered 11/10/2019
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 04/10/2019Registered 04/10/2019Satisfied 30/06/2022

CompanyRankvs 49584+ SIC 68320 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength2/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

-£37k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£253k

Working capital

Current Assets

£10k

Current Liabilities

£263k

Fixed Assets

£864k

3avg. employees

Balance Sheet

Assets less current liabilities£611k
Signed by Mr OLUMUYIWA AWONUGA 02/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£43k
20230.17-£40k
20226.30+£24k
20212.10

Derived from filed accounts. Not audited figures.