Kore Labs Limited
10969092
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 26/02/2026
Due 12/03/2027
Industry
Officers
director · Since 17/05/2022
NON EXEC DIRECTOR
BRITISH · ENGLAND
Also on 4 other boards
director · Since 01/01/2025
NON EXEC DIRECTOR
IRISH · ENGLAND
Also on 19 other boards
Persons with Significant Control
Mrs Sabrina Del Prete
Italian · England
Notified 12/07/2021
Former PSCs
Mr Tajinderpal Sumal
Ceased 15/05/2019
Ms Sabrina Del Prete
Ceased 11/06/2019
Charges1 outstanding
INNOVATE UK LOANS LIMITED
CompanyRankvs 57134+ SIC 62020 peers31
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
to continue in operational existence for the foreseeable future and have not identified any material uncertainties that would cast significant doubt on the company's ability to continue as a going concern. Accordingly, the financial statements have been prepared on a going concern basis. Other reserves - advance share subscriptions Amounts received in respect of advance subscriptions for shares ar
Key FinancialsYear ending 31/12/2025
Net Worth
-£837k
Balance sheet strength
Cash
£1.4M
Cash in the bank
Net Current Assets
£497k
Working capital
Current Assets
£2.7M
Current Liabilities
£2.2M
Debtors
£1.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.22 | -£1.7M |
| 2024 | 1.73 | -£806k |
| 2023 | 2.77 | — |
Derived from filed accounts. Not audited figures.