Cushon Group Limited
10967805
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/01/2019
CHAIRMAN
ENGLISH · ENGLAND · Age 69
Also on 1 other board
director · Since 04/04/2020
MANAGING DIRECTOR
BRITISH,AUSTRALIAN · ENGLAND · Age 51
Also on 11 other boards
director · Since 30/04/2026
BRITISH · UNITED KINGDOM · Age 53
Also on 29 other boards
director · Since 30/04/2026
BRITISH · UNITED KINGDOM · Age 52
Also on 3 other boards
director · Since 30/04/2026
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
Persons with Significant Control
Cushon Holdings Limited
250, Bishopsgate, London, EC2M 4AA
Reg: 14213564 · Companies House · Private Limited Company
Notified 16/11/2022
Former PSCs
Mr Ben Pollard
Ceased 18/02/2022
Mr Philip John Hollingdale
Ceased 11/03/2020
Charges0 outstanding
ASHGROVE CAPITAL MANAGEMENT LTD. AS SECURITY AGENT FOR THE BENEFICIARIES
ASHGROVE CAPITAL MANAGEMENT LTD. AS SECURITY AGENT FOR THE BENEFICIARIES
ASHGROVE CAPITAL MANAGEMENT LTD. AS SECURITY AGENT FOR THE BENEFICIARIES
MAJOR OAK LIMITED
CompanyRankvs 7970+ SIC 64205 peers58
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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
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
UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙ make an assessment of the Company's ability to continue as a going concern. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the
Key FinancialsYear ending 31/12/2023
Net Worth
£3.1M
Balance sheet strength
Cash
£977k
Cash in the bank
Profit Before Tax
-£17.0M
Bottom line earnings
Net Current Assets
-£3.0M
Working capital
Current Assets
£5.6M
Current Liabilities
£8.7M
Fixed Assets
£6.1M
Debtors
£4.7M
Admin Expenses
£17.0M
Operating Profit
-£17.0M
Profit After Tax
-£17.0M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.65 | +£3.1M |
| 2022 | 2.36 | -£1.7M |
| 2020 | 4.39 | — |
Derived from filed accounts. Not audited figures.