CORIN LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-27 (this month)
Last made up 2025-05-13
Watchouts
None on the register
Cash
£3M
+0.9% vs 2023
Net assets
-£55M
+3.4% vs 2023
Employees
444
-3.3% vs 2023
Profit before tax
£1M
+114.9% vs 2023
Name history
Renamed 1 time since incorporation
- CORIN LIMITED 1999-01-21 → present
- CORIN MEDICAL LIMITED 1985-05-01 → 1999-01-21
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £77,283,000 | £88,187,000 | |
| Operating profit | -£8,253,000 | -£521,000 | |
| Profit before tax | -£7,513,000 | £1,120,000 | |
| Net profit | -£12,634,000 | £1,929,000 | |
| Cash | £2,760,000 | £2,785,000 | |
| Total assets less current liabilities | -£55,738,000 | -£53,722,000 | |
| Net assets | -£56,513,000 | -£54,584,000 | |
| Equity | -£56,513,000 | -£54,584,000 | |
| Average employees | 459 | 444 | |
| Wages | £26,879,000 | £25,960,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -10.7% | -0.6% | |
| Net margin | -16.3% | 2.2% | |
| Return on capital employed | 14.8% | 1.0% | |
| Current ratio | 0.50x | 0.53x | |
| Interest cover | -41.06x | -3.24x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, the directors have a reasonable expectation that the Company and Group will be able to continue in operation and meet its liabilities as they fall due, and the directors are satisfied that it is appropriate to adopt the going concern basis in preparing the financial statements.”
Group structure
- CORIN LIMITED · parent
- Corin Belgium SPRL 1%
Significant events
- “The year 2024 has presented operational and commercial opportunities for the Group following the release of Apollo™™.”
- “There has been a large investment in expanding our US agent base to focus on growth opportunities available in this territory.”
- “In 2024, Corin launched the Apollo™™™ robotic platform, which is expected to be a significant differentiator and key driver of future value.”
- “The global launch of Apollo™™ was announced in June 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HURD, Jonathan William | Secretary | 2019-04-25 | — | — |
| HURD, Jonathan William | Director | 2021-03-15 | Mar 1987 | British |
| SILVESTER, Victoria Mary | Director | 2011-08-12 | Mar 1978 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARTLEY, Simon John | Secretary | 1997-04-07 | 2009-02-12 |
| LAWRENCE, Jeremy Oliver John | Secretary | — | 1997-04-07 |
| ROLLER, Michael Roy David | Secretary | 2009-03-02 | 2012-06-25 |
| SLATER, Iain Gordon | Secretary | 2012-06-25 | 2013-10-18 |
| ALFONSI, Stefano | Director | 2012-12-24 | 2021-03-15 |
| ATWILL, Robert Frederick | Director | 2003-06-23 | 2005-01-31 |
| CHAPMAN, Eva Christine | Director | 1995-09-13 | 1997-04-14 |
| COOPER, Derek Redvers | Director | 1996-05-01 | 1997-08-01 |
| CREMORE, George John James | Director | — | 1994-06-14 |
| EAGER, Simon Timothy | Director | — | 1995-09-30 |
| GIBSON, Peter Jeremy | Director | — | 2003-09-30 |
| HARTLEY, Simon John | Director | 1997-04-07 | 2009-02-12 |
| HUNTLEY, Peter William | Director | 2008-05-01 | 2012-12-24 |
| LAWRENCE, Jeremy Oliver John | Director | — | 1998-06-10 |
| LONGHURST, Melvyn | Director | 1995-08-17 | 1998-12-31 |
| MABLY, Russell Davies | Director | 2012-07-03 | 2020-02-28 |
| MASSARELLA, Antony | Director | 1995-02-15 | 1996-04-29 |
| OFFER, Frederick Henry Paul | Director | — | 1994-05-05 |
| PALING, Ian Hamilton | Director | 1994-10-04 | 2007-10-31 |
| PEARCE, Fraser James | Director | 2023-02-20 | 2023-12-22 |
| PICKFORD, Martin | Director | 1998-07-01 | 1998-12-31 |
| ROLLER, Michael Roy David | Director | 2009-03-02 | 2012-06-25 |
| ROSTRON, Laurence | Director | — | 1994-05-05 |
| SHARP, Richard | Director | 2002-03-01 | 2016-03-31 |
| SIMPSON, Alec John | Director | 2009-06-01 | 2011-08-12 |
| SLATER, Iain Gordon | Director | 2012-06-25 | 2013-10-18 |
| THOMAS, Caradoc John Morgan | Director | — | 1998-12-31 |
| TUKE, Michael Anthony | Director | — | 1995-09-26 |
| WELSH, Robert William | Director | 2002-09-18 | 2008-08-31 |
| WELSH, Robert William | Director | 1997-04-14 | 1998-12-31 |
| WOODS, John Stephen | Director | 2001-02-28 | 2003-07-03 |
| WOODS, John Stephen | Director | 1991-08-01 | 1995-08-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Corin Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 267 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-19 | AA01 | accounts | Change account reference date company current extended | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-06-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-01 | AA | accounts | Accounts with accounts type full | |
| 2023-09-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-02 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-08-01 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-07-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-03 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2022-10-03 | PARENT_ACC | accounts | Legacy | |
| 2022-10-03 | AGREEMENT2 | other | Legacy | |
| 2022-10-03 | GUARANTEE2 | other | Legacy | |
| 2022-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-20 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2021-10-19 | AGREEMENT2 | other | Legacy | |
| 2021-10-19 | PARENT_ACC | accounts | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+14.1%
£77,283,000 £88,187,000
-
Cash
+0.9%
£2,760,000 £2,785,000
-
Net assets
+3.4%
-£56,513,000 -£54,584,000
-
Employees
-3.3%
459 444
-
Operating profit
+93.7%
-£8,253,000 -£521,000
-
Profit before tax
+114.9%
-£7,513,000 £1,120,000
-
Wages
-3.4%
£26,879,000 £25,960,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers