CORNING SOLUTIONS LTD Financials
- Company number
- 12803715CopyCopy
- Registered office
- The Toll House, 115 High Street, Smethwick, West Midlands B66 1AA
- Incorporated
- 10/08/2020
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
38.03%vs 20232023: £7.76K
Total Assets
-98.13%vs 20232023: £599.43K
Total Liabilities
-99.92%vs 20232023: £591.67K
Employees
-1vs 20232023: 3
In 2024, CORNING SOLUTIONS LTD reported net assets of £10.71K. The same filing shows total assets of £11.21K and total liabilities of £500.00. Reported headcount was 2 in 2024. Total Liabilities fell from £591.67K in 2023 to £500.00 in 2024 (-99.92%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
38.03%from £7.76K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures CORNING SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+153%vs 2022+59.1% a year compound (CAGR)
Total Assets
-98.1%vs 2022-86.2% a year compound (CAGR)
Total Liabilities
-99.9%vs 2022-97.1% a year compound (CAGR)
Employees
-60%vs 2022-3Biggest increase
Net Assets+153%
£4.23K in 2022 to £10.71K in 2024
Biggest decrease
Total Liabilities-99.9%
£585.74K in 2022 to £500.00 in 2024
CORNING SOLUTIONS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CORNING SOLUTIONS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 95.54%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 4.46%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for CORNING SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 443.00 | 4.23K | 7.76K | 10.71K |
| Total Assets£ | 644.24K | 589.97K | 599.43K | 11.21K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 643.80K | 585.74K | 591.67K | 500.00 |
| Employees | 4 | 5 | 3 | 2 |
CORNING SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CORNING SOLUTIONS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
CORNING SOLUTIONS LTD reported net assets of £10.71K for 2024. That compares with £7.76K in 2023, a change of 38.03%.
CORNING SOLUTIONS LTD reported total assets of £11.21K for 2024. That compares with £599.43K in 2023, a change of -98.13%.
CORNING SOLUTIONS LTD reported total liabilities of £500.00 for 2024. That compares with £591.67K in 2023, a change of -99.92%.
CORNING SOLUTIONS LTD reported 2 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, CORNING SOLUTIONS LTD's net assets rose by 153%, total assets fell by 98.1%, total liabilities fell by 99.9% and employee numbers fell by 60%. Net assets compounded at 59.1% a year across the two years to 2024, from £4.23K to £10.71K. Reported headcount went from 5 in 2022 to 2 in 2024 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.