Back to search

Cornlab Innovations Ltd

13191779

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

163 ALEXANDRA ROAD, GATESHEAD, NE8 1RB
Incorporated 10/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10612
Manufacture of breakfast cereals and cereals-based food
53202
Unlicensed carriers

Officers

Mr Joseph Zvi Schleider

director · Since 26/04/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 140 other boards

Persons with Significant Control

Punica Group Ltd

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
Appoint directors

163, 163 Alexandra Road, Gateshead, NE8 1RB

Reg: 13854655 · England And Wales · Private Limited Company

Notified 23/07/2024

Former PSCs

Mr Yaakov Abenson

Ceased 26/04/2021

Mr Joseph Zvi Schleider

Ceased 23/07/2024

CompanyRankvs 164+ SIC 10612 peers
31

Financial strength3th percentile among SIC peers · 1/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees8/15 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.

Longevity5/15 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 31/12/2024

Net Worth

-£386k

Balance sheet strength

Cash

-£525

Cash in the bank

Net Current Assets

-£620k

Working capital

Current Assets

£10k

Current Liabilities

£630k

Fixed Assets

£234k

Debtors

£11k

1avg. employees

Balance Sheet

Intangible assets£1k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£126k
20230.04-£191k
20220.05-£53k
20210.14

Derived from filed accounts. Not audited figures.