{"name":"CORESPEC LTD","company_number":"03574269","status":"Active","type":"Private Limited Company","incorporated":"1998-06-03","dissolved":null,"registered_office":"Unit 7 Greencroft Industrial, Park, Annfield Plain, Stanley, County Durham, DH9 7YB","postcode":"DH9 7YB","sic_codes":[{"code":17290,"description":"Manufacture of other articles of paper and paperboard not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":20,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":1536641,"cash":530896,"average_employees":20},{"financial_date":"2025-03-31","net_assets":1276348,"cash":276872,"average_employees":20},{"financial_date":"2024-03-31","net_assets":909595,"cash":20337},{"financial_date":"2023-03-31","net_assets":507826,"cash":254020},{"financial_date":"2022-03-31","net_assets":282192,"cash":210423}],"officers":{"current":3,"resigned":5,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"CORESPEC LTD has achieved a remarkable financial turnaround, transforming from a technically insolvent business in 2020 to a robust, cash-generating enterprise with over £1.2 million in net assets by 2025. The elimination of long-term debt and a significant surge in cash reserves indicate a highly resilient and self-sustaining business model. The primary area requiring ongoing attention is the management of high trade debtors to ensure this paper wealth consistently converts into liquid cash.","website":"https://corespec.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/corespec","people":"https://www.companiesintheuk.co.uk/company/corespec/people","filing_history":"https://www.companiesintheuk.co.uk/company/corespec/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03574269","financials":"https://www.companiesintheuk.co.uk/company/corespec/financial","control":"https://www.companiesintheuk.co.uk/company/corespec/control","charges":"https://www.companiesintheuk.co.uk/company/corespec/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/corespec/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/corespec"}