Lincolnshire'S Lancaster Association Limited
01555021
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 24/05/2025
Due 07/06/2026
Industry
Officers
director · Since 02/06/1991
MANUFACTURING TEST ASSISTANT
BRITISH · UNITED KINGDOM · Age 70
Also on 1 other board
director · Since 01/12/2023
RETIRED
BRITISH · ENGLAND · Age 83
Also on 1 other board
Persons with Significant Control
Former PSCs
Mr Raymond Bainborough
Ceased 21/11/2022
Charges1 outstanding
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)
CompanyRankvs 895+ SIC 94990 peers57
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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
Basis of preparation The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Consolidation The charity is not required to prepare consolidated accounts in accordance with the Charities Act 201
Key FinancialsYear ending 31/01/2023
Net Worth
£977k
Balance sheet strength
Cash
£633k
Cash in the bank
Net Current Assets
£677k
Working capital
Current Assets
£682k
Current Liabilities
£6k
Fixed Assets
£300k
Debtors
£49k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 116.98 | -£3k |
| 2022 | 90.63 | -£40k |
| 2021 | 181.13 | — |
Derived from filed accounts. Not audited figures.