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Lapmaster Wolters Limited

00537328

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 1 NORTH ROAD, IVYBRIDGE, PL21 9EN
Incorporated 25/08/1954

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/08/2025

Due 30/08/2026

On track

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Frank Brinken

director · Since 03/06/2022

ENGINEER

SWISS · SWITZERLAND · Age 77

Persons with Significant Control

Mr Brian James Nelson

25–50% shares

American · United States · Age 55

Lapmaster International Llc, Dept A, Chicago

Notified 05/10/2022

Pei Wang Nelson

25–50% shares

American · United States · Age 54

Lapmaster International Llc, Dept A, Chicago

Notified 05/10/2022

Former PSCs

Lapmaster Group Holdings Llc

Ceased 05/10/2022

Charges3 outstanding

Charge
outstanding

BANK OF AMERICA, N.A.

Created 02/02/2022Registered 04/02/2022
Charge
outstanding

BANK OF AMERICA N.A.

Created 27/09/2019Registered 14/10/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 24/09/2019Registered 01/10/2019
charge
satisfied

BARCLAYS BANK PLC

Created 22/02/2006Registered 25/02/2006Satisfied 03/01/2017
charge
satisfied

BARCLAYS BANK PLC

Created 12/04/2005Registered 14/04/2005Satisfied 03/01/2017
charge
satisfied

BARCLAYS BANK PLC

Created 13/10/2003Registered 29/10/2003Satisfied 03/01/2017
charge
satisfied

JOHN CRANE INC.

Created 13/10/2003Registered 29/10/2003Satisfied 03/01/2017
charge
satisfied

BARCLAYS BANK PLC

Created 13/10/2003Registered 29/10/2003Satisfied 03/01/2017

CompanyRankvs 48+ SIC 28990 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£8.5M

Balance sheet strength

Cash

£557k

Cash in the bank

Net Current Assets

£8.7M

Working capital

Current Assets

£10.4M

Current Liabilities

£1.7M

Fixed Assets

£1.2M

Debtors

£6.6M

23avg. employees

Balance Sheet

Assets less current liabilities£9.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20246.11-£42k
20235.26—

Derived from filed accounts. Not audited figures.