Company Overview
Corrosion Radar Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 18 April 2017, so this is a well established company. Corrosion Radar Limited has been in business for 8 years and 11 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Unit 52 548-550 Elder House, Eldergate, Milton Keynes, MK9 1LR
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Companies House Data
Company NameCORROSION RADAR LIMITED
Company Number10727666
Registered Office AddressUnit 52 548-550 Elder House
 Eldergate
 MK9 1LR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/04/2017
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date16/05/2018
Directors & Members
Show Resigned
Dominic Emery - Director
(British, 63 years old, born February 1963)
Appointed 22 June 2023
 Active
Chiraz Ennaceur - Director
(British, 50 years old, born October 1976)
Appointed 18 April 2017
 Active
Richard Green - Director
(British, 68 years old, born March 1958)
Appointed 05 June 2019
 Active
Prafull Sharma - Director
(British, 44 years old, born March 1982)
Appointed 05 February 2018
 Active
Mehrdad Silatani - Director
(British, 38 years old, born August 1988)
Appointed 07 July 2017
 Active
Dimitris Triantafyllidis - Director
(British, 49 years old, born February 1977)
Appointed 03 November 2022
 Active
Shailendra Vyakarnam - Director
(British, 74 years old, born October 1952)
Appointed 10 July 2019
 Active
Mercia Fund Management (Nominees) Limited - Director
Appointed 16 November 2017
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Dominic Emery
BP ALTERNATIVE ENERGY HOLDINGS LIMITED
BP ALTERNATIVE ENERGY INVESTMENTS LIMITED
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Chiraz Ennaceur
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Richard Green
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SANDAL LIMITED
SATAVIA LTD
Prafull Sharma
No companies found
Mehrdad Silatani
QUIET ACCELERATOR LIMITED
Dimitris Triantafyllidis
No companies found
Shailendra Vyakarnam
ACCELERATORINDIA LIMITED
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Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 9,449 9,449 9,358
Current Assets 1,164,282 1,164,282 2,435,247
Creditors Due Within One Year 259,461 259,461 100,221
Working Cap 904,821 904,821 2,335,026
Total Assets Less Current Liabilities 914,270 914,270 2,344,384
Long-term Liabilities 1,795 1,795 1,778
Net Assets 912,475 912,475 2,342,606
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 912,475 912,475 2,342,606
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.8% 0.8% 0.4%
Stocks Inventory - - -
Debtors 41.3% 41.3% 8.6%
Cash Bank In Hand 46.5% 46.5% 89.0%
Current Assets 99.2% 99.2% 99.6%
Creditors Due Within One Year 22.1% 22.1% 4.1%
Net Current Assets Liabilities 77.1% 77.1% 95.5%
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 77.7% 77.7% 95.8%
Capital Employed - - -
Total Assets Less Current Liabilities 77.9% 77.9% 95.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 4.5 4.5 24.3
Solvency Ratio 4.5 4.5 24.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 1,173,731 1,173,731 2,444,605
Debt 261,256 261,256 101,999
Net Assets/Debt 912,475 912,475 2,342,606

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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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Document Filings
Notification of Government of Saudi Arabi as a person with significant control on 28 March 2023
Cessation of Government of Saudi Arabia as a person with significant control on 28 March 2023
Confirmation statement made on 27 August 2025 with no updates
Director's details changed for Dr Prafull Sharma on 23 July 2025
Director's details changed for Dr Mehrdad Silatani on 2 September 2024
Director's details changed for Dr Mehrdad Silatani on 1 November 2024
Registration of charge 107276660002, created on 16 July 2025
Registration of charge 107276660001, created on 20 March 2025
Register(s) moved to registered inspection location Future Business Centre Kings Hedges Road Cambridge CB4 2HY
Register inspection address has been changed to Future Business Centre Kings Hedges Road Cambridge CB4 2HY
Registered office address changed from , 1 Medway Court Cranfield Technology Park, Cranfield, Bedford, MK43 0FQ, England to Unit 52 548-550 Elder House Eldergate Milton Keynes MK9 1LR on 20 September 2024
Confirmation statement made on 27 August 2024 with updates
Director's details changed for Dimitris Triantafyllidis on 3 November 2022
Director's details changed for Dr Shailendra Vyakarnam on 10 July 2019
Director's details changed for Dr Mehrdad Silatani on 7 July 2017
Director's details changed for Mr Richard Terence Green on 5 June 2019
Director's details changed for Dr Chiraz Ennaceur on 18 April 2017
Director's details changed for Dr Prafull Sharma on 4 May 2022
Statement of capital following an allotment of shares on 29 April 2024
Statement of capital following an allotment of shares on 21 March 2024
Memorandum and Articles of Association
Resolutions
Confirmation statement made on
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