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Coraldrive Ltd

13910519

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

11 REGENT STREET, DONCASTER, DN4 8EJ
Incorporated 11/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

Officers

Marius Gabriel Badea

director · Since 11/02/2022

Romanian

CompanyRankvs 43850+ SIC 53202 peers
30

Financial strength20th percentile among SIC peers · 5/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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4385Coraldrive Ltd
36
How is this score calculated?
Financial strength5/25 pts

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

Employees10/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 28/02/2025

Net Worth

-£242

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£242

Working capital

Current Assets

£6k

Current Liabilities

£6k

Debtors

£6k

2avg. employees+1

Tax at Year End(2024)

VAT£2k

Director Loans(2024)

Directors owe company£1k
Signed by Mr M Badea,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20250.96—
20240.80£30k
20230.76£25k

Derived from filed accounts. Not audited figures.