Back to search

Cormorant Subsea Ltd

10718570

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 22 CARIOCCA BUSINESS PARK, MANCHESTER, M40 8BB
Incorporated 10/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Gary Maxwell Dickerson

director · Since 10/04/2017

SUBSEA INSPECTION ENGINEER

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Mrs Jennifer Anne Dickerson

director · Since 10/04/2017

CPMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 4 other boards

Persons with Significant Control

Mr Gary Maxwell Dickerson

25–50% shares

British · United Kingdom · Age 71

Unit 22 Cariocca Business Park, 2 Sawley Road, Manchester, M40 8BB

Notified 10/04/2017

Mrs Jennifer Anne Dickerson

25–50% shares

British · United Kingdom · Age 66

Unit 22 Cariocca Business Park, 2 Sawley Road, Manchester, M40 8BB

Notified 10/04/2017

CompanyRankvs 25409+ SIC 82990 peers
72

Financial strength87th percentile among SIC peers · 22/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 71.87× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1British And Foreign Wharf Company Limited(The)
90
2Cumberland Electrochemical Limited
90
3Haircloth Weaving & Finishing Company Limited
90
4Frank P. Matthews Limited
90
5Morris, Corfield & Co Holdings Ltd
90
6J.Clarke Transport(Lichfield)Limited
90
7New England Stud Farm Limited
90
8G.R.Carr (Essex) Limited
90
9J.Browne Construction Company Limited
90
10Henbrandt Limited
90
25409Cormorant Subsea Ltd
72
How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£149k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£150k

Current Liabilities

£2k

Fixed Assets

£2k

1avg. employees

People Costs(2021)

Wages & salaries£2k

Balance Sheet

Total assets£151k

EstimatesDerived

YearCurrent RatioImplied Profit
202571.87-£7k
202415.19+£37k
20238.47+£38k
202221.14+£14k
202110.50+£27k
202010.39+£2k
20191.31—

Derived from filed accounts. Not audited figures.