Company Overview
Korum Solutions Limited is a Dissolved Private Limited Company.
Registered Address

Charlotte House, 500 Charlotte Road, Sheffield, South Yorkshire, S2 4ER
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Companies House Data
Company NameKORUM SOLUTIONS LIMITED
Company Number08097099
Registered Office AddressCharlotte House
 500 Charlotte Road
 S2 4ER
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date07/06/2012
Accounting Reference Date Day31
Accounting Reference Date Month1
Accounts Next Due Date31/10/2020
Accounts Last Made Up Date31/01/2020
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date05/07/2017
Returns Last Made Up Date07/06/2016
Directors & Members
Simon Brough - Director
(British, 55 years old, born November 1971)
Appointed 07 June 2012
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Simon Brough
BOURN FISHING PRODUCTS LIMITED
KORUM SOLUTIONS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Jan-2020 31-Jan-2019 31-Jan-2018
Balance Sheet
Fixed Assets 0 770 562
Current Assets 31,935 76,534 29,870
Creditors Due Within One Year 19,635 48,802 27,004
Working Cap 12,300 27,732 2,866
Total Assets Less Current Liabilities 12,300 28,502 3,428
Long-term Liabilities 0 147 107
Net Assets 12,300 28,355 3,321
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 12,300 28,355 3,321
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2020 31-Jan-2019 31-Jan-2018
Tangible Fixed Assets - - -
Fixed Assets 0.0% 1.0% 1.8%
Stocks Inventory - - -
Debtors 0.5% 0.2% 75.2%
Cash Bank In Hand 99.5% 98.8% 23.0%
Current Assets 100.0% 99.0% 98.2%
Creditors Due Within One Year 61.5% 63.1% 88.7%
Net Current Assets Liabilities 38.5% 35.9% 9.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 38.5% 36.7% 10.9%
Capital Employed - - -
Total Assets Less Current Liabilities 38.5% 36.9% 11.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2020 31-Jan-2019 31-Jan-2018
Liquidity Ratio 1.6 1.6 1.1
Solvency Ratio 1.6 1.6 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jan-2020 31-Jan-2019 31-Jan-2018
Assets 31,935 77,304 30,432
Debt 19,635 48,949 27,111
Net Assets/Debt 12,300 28,355 3,321
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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MFH FOOD ENGINEERING LIMITED
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NONIC LIMITED
Charlotte House, 500 Charlotte Road, Sheffield, South Yorkshire, S2 4ER
Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 7 June 2020 with updates
Previous accounting period shortened from 30 June 2020 to 31 January 2020
Registered office address changed from 183 Fraser Road Sheffield South Yorkshire S8 0JP to Charlotte House 500 Charlotte Road Sheffield South Yorkshire S2 4ER on 9 January 2020
Confirmation statement made on 7 June 2019 with updates
Director's details changed for Mr Simon Brough on 14 December 2018
Confirmation statement made on 7 June 2018 with no updates
Confirmation statement made on 7 June 2017 with updates
Director's details changed for Mr Simon Brough on 23 September 2016
Annual return made up to 7 June 2016 with full list of shareholders
Director's details changed for Mr Simon Brough on 1 June 2016
Annual return made up to 7 June 2015 with full list of shareholders
Annual return made up to 7 June 2014 with full list of shareholders
Annual return made up to 7 June 2013 with full list of shareholders
Incorporation
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