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Lambson Innovate Limited

00878297

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

HUNT STREET, CASTLEFORD, WF10 1NS
Incorporated 02/05/1966

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

Officers

Mr Michael Anthony Lundy

director · Since 28/08/2003

DESIGN ENGINEER

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Mr Glenn Monkman

director · Since 28/08/2003

MANAGER

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Mrs Diane Christine Carlisle

secretary · Since 09/02/2022

Also on 3 other boards

Mr David Gary Bean

director · Since 01/08/2024

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Mrs Diane Christine Carlisle

director · Since 01/08/2024

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Nimbus Building Products Limited

75–100% shares

Lambson Building Products Limited, Hunt Street, Castleford, WF10 1NS

Reg: 04748760 · Registrar Of Companies, Companies House · Limited Company

Notified 19/07/2025

Former PSCs

Mr Michael Anthony Lundy

Ceased 21/07/2025

Mr Glenn Monkman

Ceased 21/07/2025

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/03/2024Registered 06/03/2024
Charge
satisfied

HSBC BANK PLC

Created 06/07/2020Registered 20/07/2020Satisfied 27/10/2022
Charge
satisfied

HSBC UK BANK PLC

Created 10/05/2019Registered 14/05/2019Satisfied 11/03/2026
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 20/03/2019Registered 20/03/2019
Charge
outstanding

HSBC UK BANK PLC

Created 12/03/2019Registered 14/03/2019
Charge
outstanding

HSBC UK BANK PLC

Created 12/03/2019Registered 14/03/2019
charge
satisfied

LEUMI ABL LIMITED

Created 29/07/2011Registered 06/08/2011Satisfied 14/10/2019
charge
satisfied

BANK LEUMI (UK) PLC (THE BANK)

Created 29/07/2011Registered 04/08/2011Satisfied 14/10/2019
charge
satisfied

BANK LEUMI (UK) PLC (THE MORTGAGEE)

Created 29/07/2011Registered 04/08/2011Satisfied 14/10/2019
charge
satisfied

BANK LEUMI (UK) PLC (THE BANK)

Created 29/07/2011Registered 04/08/2011Satisfied 14/10/2019
charge
satisfied

BANK LEUMI (UK) PLC (THE BANK)

Created 29/07/2011Registered 04/08/2011Satisfied 14/10/2019
charge
satisfied

BANK OF SCOTLAND PLC

Created 16/12/2010Registered 06/01/2011Satisfied 03/08/2011
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 25/02/2010Registered 26/02/2010Satisfied 03/08/2011
charge
satisfied

BANK OF SCOTLAND PLC

Created 18/09/2009Registered 02/10/2009Satisfied 03/08/2011
charge
satisfied

BANK OF SCOTLAND PLC

Created 10/01/2008Registered 12/01/2008Satisfied 03/08/2011
charge
satisfied

FORTIS BANK SA-NV UK BRANCH

Created 29/09/2003Registered 03/10/2003Satisfied 02/07/2008
charge
satisfied

FORTIS COMMERCIAL FINANCE LIMITED

Created 28/08/2003Registered 04/09/2003Satisfied 02/07/2008
charge
satisfied

FORTIS BANK SA-NV

Created 28/08/2003Registered 04/09/2003Satisfied 02/07/2008
charge
satisfied

LUNDY PROJECTS LIMITED (AS AGENT AND TRUSTEE FOR ITSELF AND GLEN MONKMAN AS NOTEHOLDERS)

Created 28/08/2003Registered 03/09/2003Satisfied 02/02/2017
charge
satisfied

MIDLAND BANK PLC

Created 27/08/1999Registered 01/09/1999Satisfied 11/09/2003
charge
satisfied

GRIFFIN FACTORS LIMITED

Created 10/03/1994Registered 16/03/1994Satisfied 19/03/2004
charge
satisfied

MIDLAND BANK PLC.

Created 14/09/1993Registered 15/09/1993Satisfied 15/05/2002
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 28/12/1990Registered 02/01/1990Satisfied 09/03/1999
charge
satisfied

MIDLAND BANK PLC

Created 13/07/1984Registered 18/07/1984Satisfied 15/05/2002
charge
satisfied

MIDLAND BANK LTD

Created 08/07/1969Registered 22/07/1969Satisfied 15/05/2002

CompanyRankvs 131+ SIC 16290 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees15/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£20.8M

Annual revenue

Net Worth

£10.0M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£8.0M

Working capital

Current Assets

£16.4M

Current Liabilities

£8.5M

Fixed Assets

£2.4M

Debtors

£7.0M

Cost of Sales

£15.5M

Gross Profit

£5.3M

Admin Expenses

£2.6M

Operating Profit

£2.0M

Profit After Tax

£931k

58avg. employees-5

Tax at Year End

Dividends paid£500k

People Costs

Wages & salaries£1.8M
NI contributions£186k

Balance Sheet

Bank loans & overdrafts£2.7M
Assets less current liabilities£10.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.94+£431k
20231.79-£8.5M
20222.64+£5.0M£12.8M
20211.74£12.3M

Derived from filed accounts. Not audited figures.