# CORNLAB INNOVATIONS LTD (13191779)

> CORNLAB INNOVATIONS LTD is an active private limited company (company number 13191779) incorporated on 10 February 2021, registered in Gateshead. Its registered activity is manufacture of breakfast cereals and cereals-based food (SIC 10612). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£386k and cash of −£525, with 1 employee on average. Net assets fell 49% on the prior period (−£260k).

- Status: Active
- Incorporated: 2021-02-10
- Registered office: Gateshead, NE8 1RB
- SIC 10612: Manufacture of breakfast cereals and cereals-based food
- SIC 53202: Unlicensed carriers
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-02-24
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 156 comparable companies in the UK (median £100, upper quartile £20k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£386k | −£525 | £11k | £630k | — | — | 1 |
| 2023-12-31 | −£260k | £123 | £20k | £508k | — | — | 1 |

current ratio 0.02; size band micro.

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

- Net assets below zero: Net assets £-386,264 at 31 December 2024
- Net assets down 25% or more on the prior period: -48.5% vs prior period
- Current assets below creditors within one year: Current ratio 0.02
- Incorporated five or more years ago: Incorporated 10 February 2021
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Punica Group Ltd (corporate-entity) — owns 75–100% of shares; owns 75–100% of shares; owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-07-23

---
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/13191779
HTML: https://firmoscan.com/company/13191779-cornlab-innovations-ltd