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Lab-Craft Limited

00561371

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

DURITE WORKS, DOVERCOURT, CO12 4RX
Incorporated 14/02/1956

Compliance

Last accounts

31/12/2023

small

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 08/05/2025

Due 22/05/2026

Overdue

Industry

27400
Manufacture of electric lighting equipment
27900
Manufacture of other electrical equipment

Officers

Director Robert William Willing

director · Since 13/02/2024

EVP AND CFO OF CLARIENCE TECHNOLOGIES, L

AMERICAN · UNITED STATES · Age 58

Mr Paul Lucchi

director · Since 30/04/2024

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 5 other boards

Brian Lynn Olsen

director · Since 30/04/2024

PRESIDENT, CLARIENCE VISIBILITY SOLUTION

AMERICAN · UNITED STATES · Age 57

Also on 2 other boards

Persons with Significant Control

Truck-Lite Europe Limited

75–100% shares
75–100% votes
Appoint directors

Truck-Lite Europe, Barrows Road, Harlow, CM19 5FA

Reg: 00195431 · Companies House · Private Limited Company

Notified 29/08/2024

Former PSCs

Lab-Craft Group Limited

Ceased 30/09/2020

Lab-Craft Holdings Limited

Ceased 23/01/2023

Safe Fleet Uk Limited

Ceased 29/08/2024

Charges0 outstanding

charge
satisfied

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Created 16/02/2006Registered 18/02/2006Satisfied 16/12/2020
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HSBC BANK PLC

Created 17/01/2006Registered 25/01/2006Satisfied 22/12/2023
charge
satisfied

FORD MOTOR CREDIT COMPANY LIMITED

Created 05/02/1987Registered 15/02/1987Satisfied 13/10/2005
charge
satisfied

FORD MOTOR CREDIT COMPANY LIMITED.

Created 20/03/1986Registered 29/03/1986Satisfied 13/10/2005
charge
satisfied

SECURITY PACIFIC FINANCE

Created 06/03/1986Registered 07/03/1986Satisfied 26/07/1995
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/02/1986Registered 21/02/1986Satisfied 13/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/12/1984Registered 18/12/1984Satisfied 13/10/2005
charge
satisfied

COMMERCIAL BANK OF WALES LIMITED

Created 16/08/1978Registered 23/08/1978Satisfied 26/07/1995
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/06/1978Registered 18/07/1978Satisfied 13/10/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/01/1972Registered 18/01/1972Satisfied 13/10/2005

CompanyRankvs 20+ SIC 27400 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.54× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

£3.7M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£4.9M

Current Liabilities

£1.4M

Fixed Assets

£142k

Debtors

£847k

34avg. employees-12

Tax at Year End

Corp tax£29k

People Costs(2019)

Wages & salaries£1.3M

Balance Sheet

Assets less current liabilities£3.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20233.54+£227k
20214.46-£1.8M
20195.78

Derived from filed accounts. Not audited figures.