CORESPEC LTD
Company number 03574269 · Monitor this company
Executive 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.
Shareholders' funds
£1,536,641
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1998-06-03
- Employees
- 20 (2026 accounts)
- Registered office
- Unit 7 Greencroft Industrial, Park, Annfield Plain, Stanley, County Durham, DH9 7YB
- Postcode
- DH9 7YB
- Capital
- 1,001 GBP
- Accounts category
- Total Exemption Full
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-07-26
- Next due by
- 2027-08-09
Nature of business (SIC)
- 17290 Manufacture of other articles of paper and paperboard not elsewhere classified
Officers 3 current · 5 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZB408471 (Tier 2), registered since 2022.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- corespec.co.uk
- Phone
- +441207529944, 01207 529944
High-quality Cardboard Cores & Tubes from County Durham. Corespec delivers durable, precision-engineered cores for a wide range of industries across the UK.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| MCCOWIE RAMSHAW & COMPANY 52-54, LEAZES PARK ROAD,, NEWCASTLE UPON TYNE, NE1 4PG | 1998-10-14 |
Among its peers
Top 10%
by shareholders' funds, of 441 similar companies in DH — measured against the wider sector
Among the biggest employers among its local peers (20 staff).
2nd oldest of its local peers, trading since 1998.
The class of 1998
43%
of the 55,901 companies incorporated in 1998 are still active today; 54% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2023-04-03
- Where
- County Durham
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| DU393205 | County Durham | Leasehold | 2023-04-03 | — |
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.