COR FINANCIAL SOLUTIONS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-03 (in 5mo)
Last made up 2025-09-19
Watchouts
None on the register
Cash
£7M
+5.9% highest in 3 filed years
Net assets
£6M
+16.2% highest in 3 filed years
Employees
44
+4.8% highest in 3 filed years
Profit before tax
£824K
-40.5% vs 2023
Net assets
4-year trend · vs Technology median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £8,936,627 | £9,106,810 | |
| Operating profit | — | — | £1,287,586 | £731,924 | |
| Profit before tax | — | — | £1,385,778 | £824,475 | |
| Net profit | — | £1,019,879 | £1,427,499 | £815,124 | |
| Cash | — | £3,452,307 | £6,316,868 | £6,691,465 | |
| Total assets less current liabilities | — | £4,906,295 | £8,050,167 | £9,376,623 | |
| Net assets | — | £4,625,270 | £5,563,765 | £6,467,163 | |
| Equity | £3,605,391 | £4,625,270 | £5,563,765 | £6,467,163 | |
| Average employees | — | 10 | 42 | 44 | |
| Wages | — | — | £4,275,916 | £4,541,426 |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 14.4% | 8.0% | |
| Net margin | — | — | 16.0% | 9.0% | |
| Return on capital employed | — | — | 16.0% | 7.8% | |
| Current ratio | — | — | 8.19x | 9.31x | |
| Interest cover | — | — | 62.12x | 6.61x |
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 §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.”
Group structure
- COR FINANCIAL SOLUTIONS LIMITED · parent
- Bita Risk Limited 92.5%
- COR Intelligent Banking Solutions Limited 100%
- COR STP Solutions Limited 100%
- COR Technology Services Limited 100%
- COR-IBS Inc. 100%
- Integra SP Limited 100%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
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
+1.9%
£8,936,627 £9,106,810
-
Cash
+5.9%
£6,316,868 £6,691,465
highest in 3 filed years
-
Net assets
+16.2%
£5,563,765 £6,467,163
highest in 3 filed years
-
Employees
+4.8%
42 44
highest in 3 filed years
-
Operating profit
-43.2%
£1,287,586 £731,924
-
Profit before tax
-40.5%
£1,385,778 £824,475
-
Wages
+6.2%
£4,275,916 £4,541,426
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