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L.C.M. Systems Limited

02057541

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 15 NEWPORT BUSINESS PARK, NEWPORT, PO30 5GY
Incorporated 23/09/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

Jason William Fairfield

secretary · Since 07/06/2023

Catherine Ann Caris

director · Since 07/06/2023

EXECUTIVE

AMERICAN · UNITED STATES · Age 65

Sherry Lynn Cowan

director · Since 07/06/2023

EXECUTIVE

AMERICAN · UNITED STATES · Age 68

Mr. Jeffrey Lawrence Williams

director · Since 04/10/2023

MANAGING DIRECTOR

BRITISH · WALES · Age 58

Persons with Significant Control

Lcm (Holdings) Limited

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

Unit 15, Barry Way, Newport, PO30 5GY

Reg: 04300235 · Registrar Of Companies For England And Wales · Private Limited Company

Notified 06/04/2016

Former PSCs

David Richard Willmington

Ceased 19/12/2022

Mr Stephen Alan Sargeant

Ceased 19/12/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/05/2023Registered 26/05/2023
Charge
outstanding

HSBC BANK PLC

Created 11/04/2014Registered 12/04/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/03/2004Registered 25/03/2004Satisfied 16/08/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/02/2003Registered 19/02/2003Satisfied 16/08/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/08/2002Registered 17/09/2002Satisfied 17/02/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/08/2002Registered 17/09/2002Satisfied 16/08/2022
charge
satisfied

ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 04/02/2002Registered 09/02/2002Satisfied 10/02/2004
charge
satisfied

ROBERT LESTER CUNDALL AND ALICE CHRISTINE CUNDALL

Created 23/11/2001Registered 13/12/2001Satisfied 10/02/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/11/2001Registered 27/11/2001Satisfied 16/08/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/11/2001Registered 27/11/2001Satisfied 16/08/2022
charge
satisfied

BARCLAYS BANK PLC

Created 19/04/1994Registered 25/04/1994Satisfied 15/11/2001
charge
satisfied

BARCLAYS BANK PLC

Created 19/04/1994Registered 25/04/1994Satisfied 15/11/2001
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/06/1990Registered 11/06/1990Satisfied 13/10/2001
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/12/1988Registered 13/02/1989Satisfied 13/10/2001
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 08/12/1988Registered 15/12/1988Satisfied 13/10/2001

CompanyRankvs 40+ SIC 26512 peers
67

Financial strength90th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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

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

concluded that there are no material uncertainties that may cast doubt on the company's ability to continue as a going concern. 3. EMPLOYEES AND DIRECTORS The average number of employees during the year was 31 (2024 - 29 ) . Page 5 continued... L.C.M. SYSTEMS LIMITED (REGISTERED NUMBER: 02057541) NOTES TO THE FINANCIAL STATE

Key FinancialsYear ending 31/12/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.3M

Current Liabilities

£948k

Fixed Assets

£600k

Debtors

£1.8M

31avg. employees+2

Tax at Year End(2022)

Corp tax£56k

Balance Sheet

Intangible assets£24k
Bank loans & overdrafts£165k
Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.46+£219k
20242.65-£693k
20223.49+£203k
20213.67—

Derived from filed accounts. Not audited figures.