Coram Developments Limited

Coram Developments Limited, based in London, UK, is a small, active company founded seven years ago. With a single employee and £4,993 in assets, it operates from a virtual address, registered to 72 other companies, and is led by a solo founder and director, Ozdas Kenan. The company holds a respectable Google rating of 4.0 based on four reviews. It’s an irregular importer, having imported wood and wood products for just two months, with the last import occurring in June 2022.

The company’s website, Coram Construction Training Centre, reveals a focus on vocational training. It offers courses in plant operation, CSCS card schemes, NPORS courses, health and safety, and even agricultural training. The site highlights a range of qualifications, including Street Works, Confined Spaces, and NVQs, catering to both construction and agricultural sectors. It even has a section dedicated to apprenticeships, suggesting a commitment to developing skilled workers. The site’s content is well-organized, and it actively promotes its services, with a news section providing updates and a contact form for inquiries. It’s clearly an e-commerce site, selling training courses and related services.

Financially, Coram Developments Limited’s recent performance is concerning. Cash reserves have plummeted by 68%, falling to just £1,500, while bank borrowings have increased slightly to £9,000. Creditors have decreased by 20%, which is a positive sign, but net assets have dropped by 2.2% to -£58,000. The company’s size (meeting two of three conditions for a small company) allows for flexibility, but the declining equity raises questions. The company’s accountant, Hurkan Sayman & Co, prepared the accounts, but it's an unaudited report. The company’s current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date. It seems like the company is struggling to maintain a positive cash flow, and it’s relying on borrowing to cover its obligations.

Registered in England/Wales under the registration number 11174466, with a registered address at N13 4XS, United Kingdom, London, 291 Green Lanes.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.