Lowestoft Offshore Services Limited
01644630
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/03/2020
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 3 other boards
director · Since 12/03/2020
DIRECTOR
IRISH · ENGLAND · Age 41
Also on 1 other board
director · Since 12/03/2020
DIRECTOR
AUSTRALIAN · ENGLAND · Age 43
Also on 2 other boards
director · Since 01/06/2023
DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 2 other boards
Persons with Significant Control
Mr Lee Colston Andrews
British · England · Age 39
Unit 14, Mobbs Way Business Park, Lowestoft, NR32 3BE
Notified 12/03/2020
Mr Oisin Henry Gibson
Irish · England · Age 41
Unit 14, Mobbs Way Business Park, Lowestoft, NR32 3BE
Notified 12/03/2020
Mr Troy William John Hales
Australian · England · Age 43
Unit 14, Mobbs Way Business Park, Lowestoft, NR32 3BE
Notified 12/03/2020
Gel Engineering Ltd
Suite 62,, The Wenta Business Centre, Enfield, EN3 7XU
Reg: 8032283 · England · Limited Company
Notified 01/04/2020
Twj Hales Ltd
Silver Rose, East Lodge Lane, Enfield, EN2 8AS
Reg: 13078529 · England · Limited Companye
Notified 07/04/2023
Former PSCs
Mr David Evans
Ceased 12/03/2020
Mr Glyn Eric Weeks
Ceased 30/09/2024
Charges0 outstanding
HSBC BANK PLC
BIBBY FACTORS LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 259+ SIC 33140 peers71
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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
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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/05/2024
Turnover
£3.7M
Annual revenue
Net Worth
£493k
Balance sheet strength
Cash
£770k
Cash in the bank
Profit Before Tax
£349k
Bottom line earnings
Net Current Assets
£421k
Working capital
Current Assets
£1.8M
Current Liabilities
£1.4M
Fixed Assets
£140k
Debtors
£1.0M
Cost of Sales
£2.3M
Gross Profit
£1.4M
Admin Expenses
£1.0M
Profit After Tax
£329k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.31 | -£161k |
| 2023 | 1.68 | +£316k |
| 2022 | 1.35 | +£70k |
| 2021 | 1.48 | -£728k |
| 2020 | 3.34 | — |
Derived from filed accounts. Not audited figures.