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Kornwells Ltd

12585423

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

2 DREAMSCENE HOUSE, SALFORD, M6 6JQ
Incorporated 04/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr William Kornbluth

director · Since 04/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 5 other boards

Mrs Chaya Hendel Weltscher

director · Since 01/07/2022

SECRETARY

BRITISH · ENGLAND · Age 27

Persons with Significant Control

Mr William Kornbluth

75–100% shares

British · England · Age 26

2 Dreamscene House, Langley Road, Salford, M6 6JQ

Notified 04/05/2020

CompanyRankvs 142585+ SIC 70229 peers
37

Financial strength12th percentile among SIC peers · 3/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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142585Kornwells Ltd
37
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.

Employees11/15 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.

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.

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

Key FinancialsYear ending 31/05/2024

Net Worth

-£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£406

Current Liabilities

£3k

2avg. employees

Balance Sheet

Assets less current liabilities-£2k
Signed by 12585423 2023-06-01 2024-05-31 12585423 2024-05-31 12585423 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20240.16
20237.83

Derived from filed accounts. Not audited figures.