CORMORANT LIMITED
Company number 02888507 · Monitor this company
Executive summary
Cormorant Limited is a long-established but increasingly fragile micro-entity property holding company whose financial position has deteriorated consistently over the past decade, with net assets declining 29% from £224k (2015) to £159k (2025). The company's elevated gearing of 70% and apparent inability to generate sufficient rental income to service its debt costs place it in a vulnerable position within the UK's private rented sector, where rising interest rates since 2022 have disproportionately impacted small, leveraged landlords. While the recent reduction in total assets from over £1M to £527k may indicate strategic portfolio rationalisation, the persistent erosion of shareholder equity suggests structural unprofitability that falls well below typical performance benchmarks for small property holding companies.
Shareholders' funds
£158,968
Balance sheet as at 2025-03-27
Overview
- Company type
- Private Limited Company
- Incorporated
- 1994-01-18
- Employees
- 0 (2025 accounts)
- Registered office
- Watson Centre, 30 - 34 North Street, Hailsham, East Sussex, England, BN27 1DW
- Postcode
- BN27 1DW
- Capital
- 1,000 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-03-27
- Next due by
- 2026-12-27
- Financial year end
- 27 March
Confirmation statement
- Last statement dated
- 2025-11-14
- Next due by
- 2026-11-28
Nature of business (SIC)
- 68209 Other letting and operating of own or leased real estate
Officers 3 current · 8 resigned
Group structure 1 subsidiary
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| CORMORANT MANAGEMENT LIMITED | 1996-09-30 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| SUITE 4, SCOTS SUFFERANCE WHARF, 1 MILL STREET, LONDON SE1 2DE | 1996-06-25 |
| 17 CITY BUSINESS CENTRE, LOWER ROAD, LONDON, SE16 1AA | 1994-03-04 |
Among its peers
Among the oldest 25%
of 3,709 similar companies in BN, trading since 1994
Competitors Brighton
This company ranks 925 among other letting and operating of own or leased real estate in Brighton.
The class of 1994
76%
of the 1,087 companies in this sector incorporated in 1994 are still active today; 22% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 47 titles
- Freehold
- 45
- Leasehold
- 2
- Most recent registration
- 2025-10-21
- Price paid, where recorded
- £444,897
- Where
- Greater London (42), Medway (3), Redcar And Cleveland (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| TGL642508 | Greater London | Leasehold | 2025-10-21 | — |
| SGL32441 | Greater London | Freehold | 2025-02-26 | — |
| SGL57431 | Greater London | Freehold | 2025-02-17 | — |
| SY46186 | Greater London | Freehold | 2025-02-17 | — |
| SGL236147 | Greater London | Freehold | 2024-10-14 | £2,000 |
| SGL41208 | Greater London | Freehold | 2024-10-14 | — |
| SGL151653 | Greater London | Freehold | 2023-10-09 | — |
| SY298847 | Greater London | Freehold | 2023-10-09 | — |
| SY316805 | Greater London | Freehold | 2023-10-09 | £39,000 |
| SGL228589 | Greater London | Freehold | 2021-07-05 | £30,000 |
| TES29960 | Redcar And Cleveland | Freehold | 2019-09-26 | £10,000 |
| SGL460422 | Greater London | Freehold | 2019-09-12 | £4,000 |
| LN239435 | Greater London | Freehold | 2015-04-10 | — |
| 408886 | Greater London | Freehold | 2015-01-19 | — |
| SGL258884 | Greater London | Freehold | 2015-01-19 | — |
| SGL301513 | Greater London | Freehold | 2015-01-19 | — |
| SGL328698 | Greater London | Freehold | 2015-01-19 | — |
| SGL345442 | Greater London | Freehold | 2015-01-19 | — |
| SGL714732 | Greater London | Freehold | 2013-07-10 | — |
| MX243654 | Greater London | Freehold | 2011-09-27 | — |
Showing 20 of 47.
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.