CORRELA LIMITED

Active Solihull

Other business support service activities n.e.c.

348 employees website.com
Software Vertical-specific SaaS Other business support service activities n.e.c.
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CORRELA LIMITED

Other business support service activities n.e.c.

Founded 4 Dec 2020 Active Solihull, England 348 employees website.com
Software Vertical-specific SaaS Other business support service activities n.e.c.

Previous Company Names

XOSERVE SUBSIDIARY A LTD 4 Dec 2020 — 29 Jan 2021
Accounts Submitted 18 Sept 2025 Next due 30 Sept 2026 4 months remaining
Confirmation Submitted 1 Oct 2025 Next due 5 Oct 2026 4 months remaining
Net assets £16M £6M 2024 year on year
Total assets £32M £3M 2024 year on year
Total Liabilities £16M £3M 2024 year on year
Charges 6
6 outstanding

Contact & Details

Contact

Registered Address

Lansdowne Gate 65 New Road Solihull B91 3DL England

Email

info@example.com

Website

www.example.com

Full company profile for CORRELA LIMITED (13062055), an active software company based in Solihull, England. Incorporated 4 Dec 2020. Other business support service activities n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

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

Balance Sheet & P&L (2021–2024)

Cash in Bank

£14.44M

Increased by £5.23M (+57%)

Net Assets

£16.00M

Increased by £6.11M (+62%)

Total Liabilities

£15.55M

Decreased by £2.65M (-15%)

Turnover

£69.57M

Decreased by £940.00k (-1%)

Employees

348

Decreased by 40 (-10%)

Debt Ratio

49%

Decreased by 16 (-25%)

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

Funding Rounds 1

Investors (1)

Investor NameInvestor SinceParticipating Rounds
Investor 1Apr 2021Private Equity

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 5,350,000 Shares £8.50m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
17 Dec 20245,000,000£5.00m£1
1 Mar 2021350,000£3.50m£10

Officers

Officers

3 active
Status
Andrew Frank SzaboDirectorBritishEngland4531 Mar 2021Active
Sandra Louise SimpsonDirectorBritishEngland5231 Mar 2021Active
Sian Julia JonesDirectorBritishEngland484 Dec 2020Active

Shareholders

Shareholders (1)

Project Mercury Bidco Limited
100.0%
5,350,001

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased
Active
Notified 31 Mar 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Xoserve Limited

Ceased 31 Mar 2021

Ceased

Group Structure

Group Structure

CORRELA LIMITED Current Company
CLIMANET LIMITED united kingdom
CLOUD KB LIMITED united kingdom

Charges

Charges

6 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
30 Apr 2026MortgageMortgage Create With Deed With Charge Number Charge Creation Date
28 Nov 2025MortgageMortgage Create With Deed With Charge Number Charge Creation Date
27 Nov 2025MortgageMortgage Satisfy Charge Full
27 Nov 2025MortgageMortgage Create With Deed With Charge Number Charge Creation Date
27 Nov 2025MortgageMortgage Create With Deed With Charge Number Charge Creation Date
30 Apr 2026 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

28 Nov 2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

27 Nov 2025 Mortgage

Mortgage Satisfy Charge Full

27 Nov 2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

27 Nov 2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

Recent Activity

Latest Activity

Mortgage Create With Deed With Charge Number Charge Creation Date

2 weeks ago on 30 Apr 2026

Mortgage Create With Deed With Charge Number Charge Creation Date

5 months ago on 28 Nov 2025

Mortgage Satisfy Charge Full

5 months ago on 27 Nov 2025

Mortgage Create With Deed With Charge Number Charge Creation Date

5 months ago on 27 Nov 2025

Mortgage Create With Deed With Charge Number Charge Creation Date

5 months ago on 27 Nov 2025