Lancaster & Morecambe Chamber Of Commerce
00053741
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/06/2011
SOLICITOR
BRITISH · UNITED KINGDOM · Age 55
Also on 4 other boards
director · Since 18/06/2015
ENTERPRISE TEAM MANAGER
BRITISH · ENGLAND · Age 45
Also on 3 other boards
director · Since 20/06/2017
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 3 other boards
director · Since 25/01/2021
CEO
BRITISH · ENGLAND · Age 53
Also on 7 other boards
director · Since 19/07/2022
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
director · Since 19/07/2022
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 2 other boards
director · Since 27/11/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 1 other board
director · Since 19/03/2025
CONSULTANT
BRITISH · ENGLAND · Age 55
Also on 1 other board
director · Since 19/03/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 1 other board
director · Since 17/07/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 3 other boards
CompanyRankvs 85+ SIC 94110 peers74
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
£226k
Balance sheet strength
Cash
£288k
Cash in the bank
Net Current Assets
£225k
Working capital
Current Assets
£318k
Current Liabilities
£93k
Fixed Assets
£831
Debtors
£30k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.42 | -£89k |
| 2024 | 7.68 | +£714 |
| 2023 | 11.49 | -£26k |
| 2022 | 12.25 | -£2k |
| 2021 | 10.27 | +£247k |
| 2020 | 2.15 | +£0 |
| 2019 | 0.45 | — |
Derived from filed accounts. Not audited figures.