Corset Economy Limited
12953877
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/10/2020
CONSULTANT
BRITISH · WALES · Age 69
Also on 1 other board
Persons with Significant Control
Ms Shirin Zahra Diana Elahi
British · Wales · Age 69
Athene House, Suite J, 86, The Broadway, London, NW7 3TD
Notified 15/10/2020
Former PSCs
Miss Leila Michelle Varley
Ceased 07/10/2023
CompanyRankvs 183775+ SIC 70229 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
-£13k
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£1k
Current Liabilities
£14k
Debtors
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.10 | -£1k |
| 2023 | 0.38 | -£177 |
| 2022 | 0.38 | — |
| 2021 | 0.91 | — |
Derived from filed accounts. Not audited figures.