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Correlation One Investments (Europe) Limited

14364051

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR, LONDON, SW7 4AG
Incorporated 20/09/2022

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/09/2025

Due 03/10/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Coenraad Alexander Lugt

director · Since 20/09/2022

ACCOUNTANT

DUTCH · ENGLAND · Age 53

Also on 9 other boards

Mr Michael John Thorpe

director · Since 20/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 12 other boards

Mr Michael Etienne Pascal Aubourg

director · Since 31/08/2023

HEAD OF STRATEGY AND M&A - JAB PET SERVI

BRITISH · UNITED KINGDOM · Age 40

Also on 3 other boards

Mr Henri Mitchell Dowling

director · Since 31/08/2023

DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 38

Also on 4 other boards

Mr Timothy David Payne

director · Since 31/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Mr Andrea Rigamonti

director · Since 11/07/2025

BUSINESS EXECUTIVE

DUTCH · ENGLAND · Age 32

Also on 2 other boards

Persons with Significant Control

Pinnacle Pet Group Limited

25–50% shares
25–50% votes

Pinnacle House, A1 Barnet Way, Borehamwood, WD6 2XX

Reg: 13626694 · Companies House Cardiff · Private Company Limited By Shares

Notified 31/08/2023

Former PSCs

Correlation One Holdings Limited

Ceased 20/09/2022

CompanyRankvs 28347+ SIC 64209 peers
36

Financial strength97th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£9.6M

Balance sheet strength

Cash

£5.0M

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£513k

Fixed Assets

£80.7M

Debtors

£0

Cost of Sales

£12.6M

Admin Expenses

£14.5M

Profit After Tax

-£19.5M

0avg. employees

People Costs

Wages & salaries£5.4M

Balance Sheet

Intangible assets£34.8M
Assets less current liabilities£82.0M
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2024-£30.9M

Derived from filed accounts. Not audited figures.