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Core Cloud Group Ltd

12789314

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 ROYAL EXCHANGE, LONDON, EC3V 3DG
Incorporated 03/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Laurence Booth

director · Since 03/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 6 other boards

Mr Richard Paul Brough

director · Since 04/12/2025

BRITISH · UNITED KINGDOM · Age 54

Also on 5 other boards

Persons with Significant Control

Trust Payments Ltd

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

1, Royal Exchange, London, EC3V 3DG

Reg: 11976895 · Companies House · Private Limited Company

Notified 01/05/2021

Former PSCs

William Padley

Ceased 01/05/2021

CompanyRankvs 61271+ SIC 62090 peers
15

Financial strength0th percentile among SIC peers · 0/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees2/15 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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£20k

Annual revenue

Net Worth

-£2.6M

Balance sheet strength

Cash

£6k

Cash in the bank

Profit Before Tax

-£808k

Bottom line earnings

Net Current Assets

-£2.6M

Working capital

Current Assets

£7k

Current Liabilities

£2.6M

Fixed Assets

£25k

Debtors

£1k

Admin Expenses

£828k

Operating Profit

-£808k

Profit After Tax

-£808k

0avg. employees

People Costs

Wages & salaries£357k
NI contributions£40k

Balance Sheet

Assets less current liabilities-£2.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£808k
20230.01-£938k
20220.00-£708k
20210.00-£45k
20210.02

Derived from filed accounts. Not audited figures.