CORNFORTH FINANCE LIMITED - Profile & Financials

Accounts Submitted 30 Dec 2024

Confirmation Statement Submitted 7 Jan 2025

Net assets £-2.20K £541.00 2023 year on year

Total assets £19.55K £54.00 2023 year on year

Total Liabilities £21.75K £487.00 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

17 Wood Street St Annes-On-Sea Lancashire FY8 1QR

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£52.00

Decreased by £54.00 (-51%)

Net Assets

-£2.20k

Decreased by £541.00 (-33%)

Total Liabilities

£21.75k

Increased by £487.00 (+2%)

Turnover

N/A

Employees

N/A

Debt Ratio

111%

Increased by 3 (+3%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 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

Officers

2 active 2 resigned

Show resigned officers

						Status
Peter James Baker	Director	British	England	44	31 Oct 2022	Active
Ralph Benjamin Watson	Director	British	England	45	28 Oct 2019	Active

Shareholders

Shareholders (1)


Peter Baker Ralph Watson Aida Watson Mills And Reeve Trust Corporation Limited	100.0%	1,000	Ordinary	29 Dec 2023

Persons with Significant Control

Persons with Significant Control (4)

4 Active 1 Ceased

Mills And Reeve Trust Corporation Limited

Unknown

Active

Notified 22 Dec 2023

Nature of Control

Ownership Of Shares 75 To 100 Percent

Ralph Benjamin Watson

British

Active

Notified 22 Dec 2021

Residence England

DOB April 1980

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 25 To 50 Percent

Aida Shisa Watson

British

Active

Notified 22 Dec 2021

Residence United Kingdom

DOB April 1977

Nature of Control

Ownership Of Shares 75 To 100 Percent

Peter James Baker

British

Active

Notified 22 Dec 2021

Residence England

DOB October 1981

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 50 To 75 Percent

Peter George Watson

Ceased 22 Dec 2021

Ceased

See All Controllers

Group Structure

MILLS & REEVE TRUST CORPORATION LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

MILLS & REEVE LLP united kingdom

CORNFORTH FINANCE LIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
7 Jan 2025	Confirmation Statement	Confirmation statement made on 2024-12-29 with no updates	View(3 pages)
30 Dec 2024	Accounts	Annual accounts made up to 2024-03-31	View(7 pages)
17 Jan 2024	Persons With Significant Control	Change to Mr Ralph Benjamin Watson as a person with significant control on 2024-01-16	View(2 pages)
17 Jan 2024	Officers	Change to director Mr Ralph Benjamin Watson on 2024-01-16	View(2 pages)
29 Dec 2023	Persons With Significant Control	Change to Mr Peter James Baker as a person with significant control on 2023-12-22	View(2 pages)