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Cornovii Developments Limited

12088975

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

PTARMIGAN HOUSE, SHREWSBURY, SY2 6LG
Incorporated 06/07/2019

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/06/2025

Due 09/07/2026

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Harpreet Rayet

director · Since 20/02/2020

DEVELOPMENT DIRECTOR SHROPSHIRE COUNCIL

BRITISH · ENGLAND · Age 42

Also on 4 other boards

Mr Richard Ian Cambray

director · Since 07/07/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Mr Chris Poulton

director · Since 07/07/2020

NONE

BRITISH · UNITED KINGDOM · Age 66

Mr Timothy John Pritchard

director · Since 07/07/2020

NONE

BRITISH · UNITED KINGDOM · Age 62

Miss Emily Swinnerton

secretary · Since 01/10/2024

Mr David Baker

director · Since 02/07/2025

HEAD OF AUTOMATION AND TECHNOLOGY

BRITISH · WALES · Age 46

Persons with Significant Control

Shropshire Council

75–100% shares
75–100% votes
Appoint directors

Shirehall, Abbey Foregate, Shrewsbury, SY2 6ND

Notified 06/07/2019

Charges3 outstanding

Charge
outstanding

SHROPSHIRE COUNCIL

Created 28/03/2024Registered 03/04/2024
Charge
outstanding

SHROPSHIRE COUNCIL

Created 04/08/2020Registered 06/08/2020
Charge
outstanding

SHROPSHIRE COUNCIL

Created 25/02/2020Registered 11/03/2020

CompanyRankvs 79874+ SIC 41100 peers
21

Financial strength3th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 pts

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

Liquidity6/20 pts

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

Longevity7/15 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 31/03/2025

Net Worth

-£349k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£27.2M

Current Liabilities

£28.5M

Fixed Assets

£10.2M

Debtors

£167k

Profit After Tax

-£508k

0avg. employees-9

Balance Sheet

Intangible assets£12k
Assets less current liabilities£9.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.96-£919k
20240.98+£868k
20230.98-£306k
20221.03+£573k
20212.56

Derived from filed accounts. Not audited figures.