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Cornerstone Partnership Developments Limited

12794919

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

CORNERSTONE HOUSE - FORMER WILNECOTE YOUTH CENTRE NEW ROAD, TAMWORTH, B77 5DH
Incorporated 05/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Gavin John Mullaley

director · Since 05/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Mr Dean Starr

director · Since 05/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 13 other boards

Mr Paul Stanford

director · Since 19/07/2021

DEVELOPMENT DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Cornerstone Partnership Group Limited

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

Cornerstone House, New Road, Tamworth, B77 5DH

Reg: 14597822 · Companies House · Company Limited By Shares

Notified 31/03/2023

Charges1 outstanding

Charge
outstanding

TAMWORTH BOROUGH COUNCIL

Created 17/09/2024Registered 17/09/2024
Charge
satisfied

TAMWORTH BOROUGH COUNCIL

Created 18/03/2022Registered 21/03/2022Satisfied 16/07/2024

CompanyRankvs 65767+ SIC 41202 peers
16

Financial strength4th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.32× · 2/20
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 strength1/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£55k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£960k

Working capital

Current Assets

£458k

Current Liabilities

£1.4M

Fixed Assets

£959k

Debtors

£434k

0avg. employees-6

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities-£2k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.32-£129k
20240.13
20230.20
20220.54

Derived from filed accounts. Not audited figures.