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Cormirus Ltd

12418972

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 22/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62011
Ready-made interactive leisure and entertainment software development
72200
Research and experimental development on social sciences and humanities
85600
Educational support services

Officers

Mr Philip James Black

director · Since 22/01/2020

FOUNDER

BRITISH · UNITED KINGDOM · Age 48

Mr Matthew Philip Greathead Wood

director · Since 01/09/2020

BUSINESSMAN

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Philip James Black

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

British · United Kingdom · Age 48

124, City Road, London, EC1V 2NX

Notified 22/01/2020

Mr Matthew Philip Greathead Wood

25–50% shares
25–50% votes

British · England · Age 42

124, City Road, London, EC1V 2NX

Notified 01/04/2021

Charges1 outstanding

Charge
outstanding

PHILIP JAMES BLACK

Created 02/04/2021Registered 06/04/2021
Charge
satisfied

PHILIP JAMES BLACK

Created 01/04/2021Registered 01/04/2021Satisfied 06/04/2021

CompanyRankvs 3367+ SIC 58290 peers
40

Financial strength7th percentile among SIC peers · 2/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees11/15 pts

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

Liquidity16/20 pts

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

Longevity6/15 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 31/12/2024

Net Worth

-£43k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£61k

Current Liabilities

£35k

Fixed Assets

£46

Debtors

£28k

2avg. employees

Tax at Year End

VAT£3k

Director Loans

Company owes directors£26k

Balance Sheet

Assets less current liabilities£26k
Signed by Mr Philip Black 22/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.75-£10k£51k
20232.37-£8k
20221.86-£124k
20216.44
20200.99

Derived from filed accounts. Not audited figures.