CORSERV SOLUTIONS LIMITED
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Cash
£3M
+39.9% vs 2024
Net assets
£21M
-18.5% vs 2024
Employees
2,116
+56.2% vs 2024
Profit before tax
-£3M
-403.2% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £136,639,000 | £171,131,000 | +25.2% | |
| Operating profit | £1,032,000 | -£2,957,000 | -386.5% | |
| Profit before tax | £988,000 | -£2,996,000 | -403.2% | |
| Net profit | £1,993,000 | -£2,987,000 | -249.9% | |
| Cash | £2,112,000 | £2,954,000 | +39.9% | |
| Total assets less current liabilities | £26,004,000 | £22,369,000 | -14% | |
| Net assets | £25,476,000 | £20,755,000 | -18.5% | |
| Equity | £25,476,000 | £20,755,000 | -18.5% | |
| Average employees | 1,355 | 2,116 | +56.2% | |
| Wages | £42,102,000 | £61,804,000 | +46.8% | |
| Directors' remuneration | £384,000 | £636,000 | +65.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 0.8% | -1.7% | |
| Net margin | 1.5% | -1.7% | |
| Return on capital employed | 4.0% | -13.2% | |
| Current ratio | 1.45x | 1.42x | |
| Interest cover | 13.40x | -26.88x |
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.
Name history
Renamed 1 time since incorporation
- CORSERV SOLUTIONS LIMITED 2023-08-15 → present
- CORMAC SOLUTIONS LIMITED 2011-08-11 → 2023-08-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Westcotts (SW) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements for the year ended 31 March 2025 have been prepared on a going concern basis as the directors remain confident that the company will meet its working capital commitments until at least 31 March 2027. Cornwall Council have provided a letter of comfort confirming financial support will be provided as required for a period up to 31 March 2027. Furthermore, a facility to provide working capital to the business has been agreed in the current year up to a value of £5m.”
Significant events
- “We started a pilot project in collaboration with local carbon removal start-up Restord to assess the feasibility of converting forestry waste from routine maintenance activities into biochar via pyrolysis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ASHBY, Simon Giles | Director | 2023-01-01 | Feb 1971 | British |
| BOSTOCK, Dominic Jon | Director | 2018-11-27 | Oct 1976 | British |
| BYRNE, Antony Paul | Director | 2023-07-01 | Feb 1964 | British |
| COOPER, Paul | Director | 2024-05-24 | Aug 1965 | British |
| EDMOND, Philip Neil | Director | 2025-01-20 | Jul 1967 | British |
| GREGORY, Julia Mary | Director | 2020-10-29 | Aug 1967 | British |
| JOHNSON, Matthew David | Director | 2024-11-01 | May 1985 | British |
| WARD, Janice Elizabeth | Director | 2024-11-01 | Sep 1957 | British |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KINNAIR, David Edwin Graham | Secretary | 2019-08-05 | 2022-06-30 |
| WOODHAMS, Tracey Ann | Secretary | 2012-10-11 | 2016-12-31 |
| ZMUDA, Richard Cyril | Secretary | 2017-02-13 | 2021-12-31 |
| ANDREW, Peter Robert | Director | 2020-10-26 | 2024-04-01 |
| ASHMAN, Russell Mark | Director | 2012-05-01 | 2016-12-21 |
| BARNETT, Anthony John | Director | 2017-02-06 | 2017-12-29 |
| CRICH, Michael Arthur | Director | 2013-03-11 | 2014-05-01 |
| DEACON, Simon Mark | Director | 2017-07-19 | 2017-12-31 |
| DEACON, Simon Mark | Director | 2012-03-17 | 2017-03-14 |
| DENNIS, Colin Harold | Director | 2016-11-21 | 2018-09-13 |
| EVES, Martin Leonard | Director | 2020-03-24 | 2020-09-11 |
| FISHER, Robin Michael Henry | Director | 2011-08-11 | 2015-09-11 |
| HANRAHAN, Michael William | Director | 2020-10-29 | 2023-07-03 |
| HAYES, Paul Stewart | Director | 2023-07-01 | 2024-01-31 |
| HOARE, Alan John | Director | 2020-03-24 | 2020-09-11 |
| HOLT, Elaine Karen | Director | 2018-01-17 | 2019-10-25 |
| HOOPER, Arthur Henry | Director | 2011-08-11 | 2017-02-06 |
| JAMES, Herbert Andrew | Director | 2020-03-24 | 2020-09-11 |
| JARVIS, Colin | Director | 2012-10-25 | 2016-12-21 |
| JEANS, Tim Andrew | Director | 2020-10-26 | 2023-10-03 |
| JOSS, Douglas Andrew | Director | 2019-04-01 | 2020-10-28 |
| KEOHANE, Joseph Gerard | Director | 2016-12-02 | 2018-10-29 |
| KING, Michael Julian | Director | 2018-11-03 | 2020-09-11 |
| KING, Michael | Director | 2017-05-09 | 2018-03-01 |
| MASTERS, John Paul | Director | 2014-05-01 | 2016-12-21 |
| MASTERS, John Paul | Director | 2012-03-17 | 2013-03-04 |
| MAWSTON, Phil Jon | Director | 2018-10-29 | 2022-04-08 |
| MILLIGAN, Jane Rose | Director | 2024-12-01 | 2026-02-25 |
| MORGAN, Sarah Joanne | Director | 2024-04-08 | 2024-10-31 |
| PEARS, Charmion Lee | Director | 2017-11-15 | 2020-10-28 |
| PEARS, Richard Alexander | Director | 2020-10-26 | 2021-05-10 |
| PYLE, Benjamin | Director | 2018-01-01 | 2019-07-31 |
| PYLE, Benjamin | Director | 2016-09-12 | 2016-09-14 |
| RAND, Julian Dennis | Director | 2020-10-26 | 2021-05-10 |
| ROBINSON, Catherine Jane | Director | 2018-03-01 | 2024-07-01 |
| ROBINSON, Catherine Jane | Director | 2012-03-17 | 2012-10-12 |
| RUSSELL, Clive Frederick | Director | 2016-12-12 | 2017-03-20 |
| SMITH, Stephen James | Director | 2020-10-29 | 2021-12-08 |
| STEWARD, Gillian Elizabeth | Director | 2012-03-17 | 2012-10-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Corserv Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 132 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-15 MA Memorandum articles
- 2024-07-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | AA | accounts | Accounts with accounts type full | |
| 2025-10-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-10 | AA | accounts | Accounts with accounts type full | |
| 2024-12-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | CH01 | officers | Change person director company with change date | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-15 | MA | incorporation | Memorandum articles | |
| 2024-07-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-24 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.