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Commercial Finance Network Corporation Ltd

11074932

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

NEW MEDIA HOUSE, LICHFIELD, WS14 9DZ
Incorporated 21/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Daniel Richard Yorke

director · Since 21/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Robert Lawrence Yorke

director · Since 21/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 3 other boards

Persons with Significant Control

Mr Daniel Richard Yorke

25–50% shares

British · England · Age 54

New Media House, Davidson Road, Lichfield, WS14 9DZ

Notified 21/11/2017

Mr Robert Lawrence Yorke

25–50% shares
25–50% votes

British · England · Age 82

New Media House, Davidson Road, Lichfield, WS14 9DZ

Notified 04/04/2022

CompanyRankvs 12183+ SIC 64999 peers
51

Financial strength2th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity12/20 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 30/11/2024

Net Worth

-£230k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£61k

Current Liabilities

£49k

Fixed Assets

£57

5avg. employees-1

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.25-£46k
20231.42-£91k
20221.16-£49k
20211.24

Derived from filed accounts. Not audited figures.