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Correlation Machines Ltd

12207315

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

The Vicarage Church Close, Butleigh, Glastonbury, BA6 8SH
Incorporated 13/09/2019

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 12/09/2025

Due 26/09/2026

On track

Industry

62012
Business and domestic software development
62090
Other information technology service activities

Officers

Mr Brian Christopher Mcgrady

director · Since 13/09/2019

CHIEF KNOWLEDGE OFFICER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Syed Manzoor Ahmad Hashmi

director · Since 14/09/2022

SOFTWARE DEVELOPER

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Brian Christopher Mcgrady

director · Since 13/09/2019

British · England · Age 61

Syed Manzoor Ahmad Hashmi

director · Since 14/09/2022

British · England · Age 68

Persons with Significant Control

Mr Brian Christopher Mcgrady

25–50% shares
25–50% votes
Appoint directors

British · England · Age 61

The Vicarage, Church Close, Glastonbury, BA6 8SH

Notified 13/09/2019

Mr Syed Manzoor Ahmad Hashmi

25–50% shares
25–50% votes
Appoint directors

British · England · Age 68

72, South Croxted Road, London, SE21 8BD

Notified 13/09/2019

Change History

status → active
2026-07-23

Active

type → ltd
2026-07-23

Private Limited Company

address line1 → The Vicarage Church Close
2026-07-23

THE VICARAGE CHURCH CLOSE

post town → Glastonbury
2026-07-23

GLASTONBURY

officer appointed → HASHMI, Syed Manzoor Ahmad
2026-07-23
officer appointed → MCGRADY, Brian Christopher
2026-07-23

CompanyRankvs 43187+ SIC 62012 peers
34

Financial strength11th percentile among SIC peers · 3/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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43187Correlation Machines Ltd
34
How is this score calculated?
Financial strength3/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 30/11/2025

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£0

Current Liabilities

£12k

1avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£1k
2024—-£3k
20230.28—

Derived from filed accounts. Not audited figures.