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Corigine (Uk) Limited

12601995

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

5TH FLOOR,, LONDON, EC2R 7DA
Incorporated 14/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr. Sheng Lu

director · Since 14/05/2020

DIRECTOR

AMERICAN · UNITED STATES · Age 58

Praxis Secretaries (Uk) Limited

secretary · Since 29/01/2022

Also on 68 other boards

Persons with Significant Control

Mr. Sheng Lu

Significant control

American · United States · Age 58

5th Floor,, 2 Copthall Avenue, London, EC2R 7DA

Notified 14/05/2020

CompanyRankvs 15718+ SIC 71129 peers
45

Financial strength0th percentile among SIC peers · 0/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.91× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees4/15 pts

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

Liquidity20/20 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

-£1.9M

Balance sheet strength

Cash

£23k

Cash in the bank

Profit Before Tax

-£50k

Bottom line earnings

Net Current Assets

£18k

Working capital

Current Assets

£24k

Current Liabilities

£6k

Fixed Assets

£11k

Debtors

£1k

Admin Expenses

£114k

Profit After Tax

-£50k

1avg. employees

Balance Sheet

Assets less current liabilities£29k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20243.91
20231.98
202246.77
20216.11

Derived from filed accounts. Not audited figures.