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Lowestoft Offshore Services Limited

01644630

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 14 MOBBS WAY BUSINESS PARK, LOWESTOFT, NR32 3BE
Incorporated 18/06/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment

Officers

Mr Lee Colston Andrews

director · Since 12/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Mr Oisin Henry Gibson

director · Since 12/03/2020

DIRECTOR

IRISH · ENGLAND · Age 41

Also on 1 other board

Mr Troy William John Hales

director · Since 12/03/2020

DIRECTOR

AUSTRALIAN · ENGLAND · Age 43

Also on 2 other boards

Mr Reece Winston Cooper

director · Since 01/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 2 other boards

Persons with Significant Control

Mr Lee Colston Andrews

Significant control

British · England · Age 39

Unit 14, Mobbs Way Business Park, Lowestoft, NR32 3BE

Notified 12/03/2020

Mr Oisin Henry Gibson

Significant control

Irish · England · Age 41

Unit 14, Mobbs Way Business Park, Lowestoft, NR32 3BE

Notified 12/03/2020

Mr Troy William John Hales

Significant control

Australian · England · Age 43

Unit 14, Mobbs Way Business Park, Lowestoft, NR32 3BE

Notified 12/03/2020

Gel Engineering Ltd

75–100% shares

Suite 62,, The Wenta Business Centre, Enfield, EN3 7XU

Reg: 8032283 · England · Limited Company

Notified 01/04/2020

Twj Hales Ltd

25–50% shares

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

charge
satisfied

HSBC BANK PLC

Created 14/07/2005Registered 16/07/2005Satisfied 17/09/2016
charge
satisfied

BIBBY FACTORS LIMITED

Created 23/08/2004Registered 25/08/2004Satisfied 17/09/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/03/1989Registered 12/04/1989Satisfied 22/01/2004

CompanyRankvs 259+ SIC 33140 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees15/15 pts

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

Liquidity12/20 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

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

21avg. employees

Tax at Year End

Dividends paid-£490k

Balance Sheet

Assets less current liabilities£561k
Signed by 01644630 2023-06-01 2024-05-31 01644630 2024-05-31 01644630 bus: 6 2024-05-31 01644630 bus:OrdinaryShareClass1 2024-05-3Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.31-£161k
20231.68+£316k
20221.35+£70k
20211.48-£728k
20203.34

Derived from filed accounts. Not audited figures.