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Corsair Group Ltd

12300324

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 2 STATION CLOSE, POTTERS BAR, EN6 1TL
Incorporated 06/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Georgia Pringle

director · Since 06/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Mr Mark Anthony Pringle

director · Since 30/11/2023

MANAGER

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mr David Barry Hudson

director · Since 10/07/2024

MANAGER

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Corsair Eot Trustees Limited

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

10, Orange Street, Haymarket, WC2H 7DQ

Reg: 15170960 · Companies House · Private Limited Company

Notified 07/11/2023

Former PSCs

Georgia Pringle

Ceased 07/11/2023

Miss Olivia Sophie Pringle

Ceased 07/11/2023

CompanyRankvs 6093+ SIC 70100 peers
54

Financial strength87th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 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.

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

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2024

Turnover

£28.2M

Annual revenue

Net Worth

£2.1M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

-£586k

Working capital

Current Assets

£8.8M

Current Liabilities

£9.4M

Fixed Assets

£2.7M

Debtors

£4.7M

Cost of Sales

£23.0M

Gross Profit

£5.2M

Admin Expenses

£2.6M

Operating Profit

£2.6M

Profit After Tax

£0

27avg. employees+4

Tax at Year End

Corp tax£541k

Director Loans

Company owes directors£49k

People Costs

Wages & salaries£1.4M
NI contributions£126k

Balance Sheet

Intangible assets£2.4M
Assets less current liabilities£2.1M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£3.1M
20231.32
20200.67

Derived from filed accounts. Not audited figures.