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Cosmic Builds Ltd

15257761

active
Private Limited Company
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

UNIT 90 FORMBY BUSINESS PARK, LIVERPOOL, L37 8EG
Incorporated 03/11/2023

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 02/11/2025

Due 16/11/2026

On track

Industry

43999
Specialised construction activities

Officers

Mr Russell Harry Ronald Schwarze

director · Since 24/03/2024

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Russell Harry Ronald Schwarze

75–100% shares

British · England · Age 51

Unit 90, Formby Business Park, Liverpool, L37 8EG

Notified 22/03/2024

Former PSCs

Kenneth James Cain

Ceased 22/03/2024

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 35036+ SIC 43999 peers
19

Financial strength0th percentile among SIC peers · 0/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 9.61× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees1/15 pts

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

Liquidity20/20 pts

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

Longevity3/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

position at the balance sheet date, together with the scale of the loss for the year, represents a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern. The financial statements do not include any adjustments that would result if the company were unable to continue as a going concern. - 5 - COSMIC BUILDS LTD Notes to the Accounts for the yea

Key FinancialsYear ending 30/11/2025

Net Worth

-£2.6M

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£5.3M

Working capital

Current Assets

£6.0M

Current Liabilities

£621k

Fixed Assets

£2.7M

Debtors

£4.0M

0avg. employees

Balance Sheet

Bank loans & overdrafts£10.6M
Assets less current liabilities£8.1M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20259.61-£2.5M
20245.80

Derived from filed accounts. Not audited figures.