UK Companies House feature
COR FINANCIAL SOLUTIONS LIMITED
Cash
£1M
-67.2% vs 2022
Net assets
£5M
-2.3% vs 2022
Employees
10
0% vs 2022
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- 03251713
- Status
- Active
- Incorporation
- 1996-09-19
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62020
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
COR FINANCIAL SOLUTIONS LIMITED
COR FINANCIAL SOLUTIONS LIMITED
COR FINANCIAL SOLUTIONS LIMITED
COR FINANCIAL SOLUTIONS LIMITED
Accounts
3-year trend · latest 2023-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | £1,019,879 | -£106,137 | |
| Cash | — | £3,452,307 | £1,130,810 | |
| Total assets less current liabilities | — | £4,906,295 | £4,943,454 | |
| Net assets | — | £4,625,270 | £4,519,133 | |
| Equity | £3,605,391 | £4,625,270 | £4,519,133 | |
| Average employees | — | 10 | 10 | |
| Wages | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated (group)
- Auditor
- Gerald Edelman LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having reviewed the Group and Parent Company's financial forecasts and expected future cash flows, the directors have a reasonable expectation that the Group and Parent Company has adequate resources to continue in operation for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the financial statements for the year ended 31 December 2024.”
Subsidiaries
- Bita Risk Limited · 92.5% held · England and Wales · development, supply and support of software products to the financial services sector.
- COR Intelligent Banking Solutions Limited · 100% held · England and Wales · development, supply and support of software products to the financial services sector.
- COR STP Solutions Limited · 100% held · England and Wales · development, supply and support of software products to the financial services sector.
- COR Technology Services Limited · 100% held · England and Wales · providing software developers and client support staff to COR Intelligent Banking Solutions Limited, a group company.
- COR-IBS Inc. · 100% held · USA · development, supply and support of software products to the financial services sector.
- Integra SP Limited · 100% held · England and Wales · development, supply and support of software products to the financial services sector.
Significant events
- “The group has made substantial progress during the year in transitioning certain of its existing offerings to a hosted/software-as-a-service model, as well as developing a new multi-currency cloud-native fixed income accounting platform. These offerings will be released to the market in the coming year.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DONNELLY, John Michael | Director | 2005-03-24 | Jun 1959 | British |
| HOBSON, Bruce Cawood | Director | 2018-04-19 | Jan 1964 | British |
| SMITH, Andrew, Dr | Director | 2009-06-08 | Nov 1966 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DENT, Marilyn Jean | Secretary | 1996-09-19 | 1998-12-31 |
| EDWARDS, Trevor Keith | Secretary | 1998-12-31 | 2001-02-27 |
| LOFTS, Duncan Richard | Secretary | 2001-02-27 | 2001-08-31 |
| WARD, Keith David | Secretary | 2001-08-31 | 2003-08-28 |
| WARREN, Dorota Maria | Secretary | 2003-02-01 | 2011-12-20 |
| AA COMPANY SERVICES LIMITED | Corporate Nominee Secretary | 1996-09-19 | 1996-09-19 |
| BROOKE, Christopher John | Director | 2001-03-12 | 2004-12-31 |
| DENT, Andrew Charles Francis | Director | 1999-09-19 | 2001-08-10 |
| DENT, Andrew Charles Francis | Director | 1996-09-19 | 1998-12-30 |
| EBER, Arnold Gary | Director | 2000-07-01 | 2003-01-14 |
| EDWARDS, Trevor Keith | Director | 1998-12-31 | 2001-02-27 |
| FROMANT, Trevor William | Director | 2002-12-20 | 2004-09-30 |
| HARVEY, Terence | Director | 1999-09-19 | 2002-03-12 |
| HIPPERSON, Mark | Director | 2001-11-08 | 2002-09-03 |
| HOBSON, Bruce Cawood | Director | 2003-09-11 | 2004-09-30 |
| KAYE, Christopher Howard | Director | 1998-12-30 | 2002-07-15 |
| KOPPEL, Montague | Director | 2004-12-15 | 2009-06-08 |
| OSBORNE, Steve George Leonard | Director | 2004-07-13 | 2004-10-31 |
| OSBORNE, Steve George Leonard | Director | 2001-04-30 | 2004-03-18 |
| RANGECROFT, Charles Zell | Director | 2005-03-24 | 2009-06-08 |
| TREDOUX, Jacques | Director | 2009-05-22 | 2018-04-19 |
| WARD, Keith David | Director | 2001-08-31 | 2003-02-01 |
| BUYVIEW LTD | Corporate Nominee Director | 1996-09-19 | 1996-09-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Caresse Joy Selic | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2024-04-23 | Active |
| Mr Eldon Carol Solomon | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2021-03-01 | Ceased 2024-04-05 |
| Ms Jacinth Doretta Ward | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2021-03-01 | Ceased 2024-04-05 |
| Mr Pasquale Palmiero | Individual | ownership-of-shares-75-to-100-percent-as-trust | 2020-08-24 | Active |
| Mr Christopher Ernest Spencer | Individual | ownership-of-shares-75-to-100-percent-as-trust | 2020-08-24 | Active |
| Ms Charlotte Sidel Bailey | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2019-02-14 | Ceased 2021-01-31 |
| Mr Jonathan Grant Gore | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2018-08-28 | Ceased 2024-04-05 |
| Mr Ian David Bolton | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2018-08-28 | Ceased 2024-04-05 |
| Mr Humphry Armand Leue | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Ceased 2024-04-05 |
| Ms Selina Michelle O'Neal | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Ceased 2018-11-02 |
| Mr Nigel Joseph Mifsud | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Ceased 2018-06-13 |
| Mr Maurice Paul Alain Emery | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Active |
| Mr Jean-Maurice Emery | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Active |
| Ms Jesahel Sarah Rufener Macario | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Active |
| Mr Olivier Amadio | Individual | ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust | 2016-04-06 | Active |
Filing timeline
Last 20 of 217 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-06 | AA | accounts | accounts with accounts type group |
| 2025-10-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-16 | MA | incorporation | memorandum articles |
| 2025-09-16 | RESOLUTIONS | resolution | resolution |
| 2024-10-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-27 | AA | accounts | accounts with accounts type group |
| 2024-07-25 | RESOLUTIONS | resolution | resolution |
| 2024-07-25 | MA | incorporation | memorandum articles |
| 2024-05-23 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-05-22 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-22 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-22 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-22 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-22 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-21 | MA | incorporation | memorandum articles |
| 2024-05-21 | RESOLUTIONS | resolution | resolution |
| 2023-10-19 | AD02 | address | change sail address company with old address new address |
| 2023-10-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-18 | AD03 | address | move registers to sail company with new address |
| 2023-09-19 | AA | accounts | accounts with accounts type group |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires EBIT (operating profit / PBT) — not present in the latest extracted accounts.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.