Lancasters Trading & Development Co. Limited
01187719
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
29/09/2026
Confirmation statement
Last: 05/01/2026
Due 19/01/2027
Industry
Officers
director · Since 06/07/1995
HOTELIER
BRITISH · ENGLAND · Age 61
Also on 2 other boards
secretary · Since 29/03/2013
Persons with Significant Control
Lancaster Leisure Limited
C/O Glover Stanbury, 30 Bear Street, Barnstaple, EX32 7DD
Reg: 654281 · Companies House · Limited Company
Notified 07/01/2017
Charges1 outstanding
SVENSKA HANDELSBANKEN AB(PUBL)
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
CompanyRankvs 22588+ SIC 41201 peers18
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern. However, the financial statements are prepared on a going concern basis as the directors have agreed to provide continuing financial support from the group as referred to in note 2 to the financial statements. Page 2 Lancasters Trading & Development Co Limited
Key FinancialsYear ending 31/12/2024
Net Worth
-£1.3M
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£1.3M
Working capital
Current Assets
£2.3M
Current Liabilities
£3.6M
Fixed Assets
£47k
Debtors
£2.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.64 | -£18k |
| 2023 | 0.65 | -£21k |
| 2022 | 0.66 | -£25k |
| 2021 | 0.17 | -£10k |
| 2020 | 0.40 | -£9k |
| 2019 | 0.70 | -£12k |
| 2018 | 0.77 | -£11k |
| 2017 | 0.71 | — |
Derived from filed accounts. Not audited figures.