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Les Wallen Manufacturing Limited

01938488

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

LAMBDA WORKS, RAMSGATE, CT12 6DE
Incorporated 13/08/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61200
Wireless telecommunications activities

Officers

Ms Lisa Baldock

secretary · Since 11/09/2025

Mr Leigh James Thompson

director · Since 07/01/2026

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Leslie James Wallen

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 79

Lambda Works, 45a Whitehall Road, Ramsgate, CT12 6DE

Notified 06/04/2016

Charges6 outstanding

charge
outstanding

HSBC BANK PLC

Created 20/01/2003Registered 22/01/2003
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 05/03/2001Registered 13/03/2001
charge
outstanding

HSBC BANK PLC

Created 26/01/2001Registered 06/02/2001
charge
outstanding

FIRST NATIONAL BANK PLC

Created 28/04/2000Registered 09/05/2000
charge
outstanding

GRIFFIN FACTORS LIMITED

Created 25/10/1995Registered 28/10/1995
charge
outstanding

MIDLAND BANK PLC

Created 20/09/1995Registered 26/09/1995
charge
satisfied

BARCLAYS BANK PLC

Created 20/02/1991Registered 08/03/1991Satisfied 02/11/1995

CompanyRankvs 307+ SIC 61200 peers
66

Financial strength48th percentile among SIC peers · 12/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength12/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

£1k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

£85k

Working capital

Current Assets

£101k

Current Liabilities

£16k

Fixed Assets

£5k

Debtors

£36k

9avg. employees-1

Balance Sheet

Assets less current liabilities£90k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20256.29
20244.62
20232.96
20228.62
20215.95
20204.86
20193.29
20184.95

Derived from filed accounts. Not audited figures.