CompanyTrack
C

CORNWALLIS ELT LIMITED

Active Salford

Temporary employment agency activities

40 employees Website
Professional services HR, recruitment & staffing Temporary employment agency activities
C

CORNWALLIS ELT LIMITED

Temporary employment agency activities

Founded 10 Apr 2001 Active Salford, England 40 employees cornwalliselt.com
Professional services HR, recruitment & staffing Temporary employment agency activities
Accounts Submitted 20 Sept 2025
Confirmation Statement Submitted 11 Apr 2025
Net assets £5.51M £147.00K 2024 year on year
Total assets £7.57M £1.59M 2024 year on year
Total Liabilities £2.05M £1.44M 2024 year on year
Charges 6
1 outstanding 5 satisfied

AI Analysis

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Contact & Details

Registered Address

Adamson House Centenary Way Salford M50 1RD England

Office (Birmingham)

5th Floor, Charles House, 148 Great Charles Street Queensway, Birmingham B3 3HT

Office (London)

24 Cornhill, London, EC3V 3ND

Credit Report

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Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£187.00k

Decreased by £17.00k (-8%)

Net Assets

£5.51M

Decreased by £147.00k (-3%)

Total Liabilities

£2.05M

Decreased by £1.44M (-41%)

Turnover

£17.42M

Decreased by £11.56M (-40%)

Employees

40

Decreased by 1 (-2%)

Debt Ratio

27%

Decreased by 11 (-29%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 1,984,900 Shares £20k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
24 Jul 201994,900£949£0.01
23 Jul 20191,890,000£19k£0.01

Officers

Officers

3 active 9 resigned
Status
Adrian Wilson AdairDirectorBritishEngland4614 Oct 2021Active
Gerard Anthony MasonDirectorBritishEngland6214 Oct 2021Active
Paul John GilmourDirectorBritishEngland6114 Oct 2021Active

Shareholders

Shareholders (15)

Timothy William Dominic Skelding
0.0%
09 May 2022
Timothy William Dominic Skelding
0.0%
09 May 2022
Russell Mcintyre
0.0%
09 May 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Cornwallis Holdings Limited

United Kingdom

Active
Notified 14 Sept 2017
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Russell Malachy Mcintyre

Ceased 14 Sept 2017

Ceased

James Andrew Johns

Ceased 14 Sept 2017

Ceased

Timothy William Dominic Skelding

Ceased 14 Sept 2017

Ceased

Group Structure

Group Structure

CORNWALLIS HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
MORSON HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MORSON GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MMGG ACQUISITION LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
GGM HUMAN RESOURCES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
GGM HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors, significant influence or control
MERCURY BIDCO GLOBE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MERCURY MIDCO II LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MERCURY MIDCO I LIMITED united kingdom
CORNWALLIS ELT LIMITED Current Company
CORNWALLIS CHANGE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

1 outstanding 5 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
20 Sept 2025AccountsAnnual accounts made up to 2024-12-31View(21 pages)
20 Sept 2025OtherAudit exemption statement of guarantee by parent company for period ending 31/12/24View(3 pages)
20 Sept 2025AccountsAnnual accounts filedView(122 pages)
20 Sept 2025OtherNotice of agreement to exemption from audit of accounts for period ending 31/12/24View(1 page)
21 Aug 2025OfficersTermination of James Andrew Johns as director on 2025-07-21View(1 page)
20 Sept 2025 Accounts

Annual accounts made up to 2024-12-31

20 Sept 2025 Other

Audit exemption statement of guarantee by parent company for period ending 31/12/24

20 Sept 2025 Accounts

Annual accounts filed

20 Sept 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

21 Aug 2025 Officers

Termination of James Andrew Johns as director on 2025-07-21

Recent Activity

Latest Activity

Annual accounts made up to 2024-12-31

4 months ago on 20 Sept 2025

Audit exemption statement of guarantee by parent company for period ending 31/12/24

4 months ago on 20 Sept 2025

Annual accounts filed

4 months ago on 20 Sept 2025

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

4 months ago on 20 Sept 2025

Termination of James Andrew Johns as director on 2025-07-21

5 months ago on 21 Aug 2025