# CANOLFAN CORRIS CYF (02681041)

> CANOLFAN CORRIS CYF is an active private limited company (company number 02681041) incorporated on 24 January 1992, registered in Machynlleth. Its registered activity is youth hostels (SIC 55202). Latest micro accounts cover the period ending 7 April 2025, showing net assets of −£17k, with 1 employee on average. Turnover was £18k and profit for the year −£1,395. Net assets fell 9% on the prior period (−£16k).

- Status: Active
- Incorporated: 1992-01-24
- Registered office: Machynlleth, SY20 9TQ
- SIC 55202: Youth hostels
- SIC 55209: Other holiday and other collective accommodation
- SIC 85520: Cultural education
- Next accounts due: 2027-01-07
- Confirmation statement due: 2027-02-07
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 196 comparable companies in the UK (median £2,360, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-07 | −£17k | — | — | £4,285 | £18k | −£1,395 | 1 |
| 2024-04-07 | −£16k | — | — | £2,200 | £23k | £756 | — |

current ratio 1.51; net margin -7.6%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-17,178 at 7 April 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.51
- Incorporated five or more years ago: Incorporated 24 January 1992

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Michael James Parish — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors; has significant influence or control, since 2017-01-12

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02681041
HTML: https://firmoscan.com/company/02681041-canolfan-corris-cyf