Laxcon Developments Limited
02107061
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 29 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/03/1992
COMPANY DIRECTOR
INDIAN · ENGLAND · Age 68
Also on 12 other boards
secretary · Since 06/08/2020
director · Since 06/08/2020
BUSINESS DEVELOPMENT MANAGER
BRITISH · ENGLAND · Age 45
Also on 7 other boards
Persons with Significant Control
Laxmanbhai International Limited
28, Esplanade, Jersey, JE2 3QA
Reg: 23144 · Jersey · Private Limited Company
Notified 02/08/2021
Former PSCs
Laxmanbhai Construction (Uk) Limited
Ceased 02/08/2021
Charges29 outstanding
BANK OF INDIA
MIZRAHI TEFAHOT BANK LIMITED
MIZRAHI TEFAHOT BANK LIMITED
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MIZRAHI TEFAHOT BANK LIMITED
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MANISHA THAKRAR
MIZRAHI TEFAHOT BANK LIMITED
MIZRAHI TEFAHOT BANK LIMITED
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CompanyRankvs 33361+ SIC 41100 peers37
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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
no material uncertainties that may cast significant doubt on the Company's ability to continue to operate as a going concern. They have formed a judgement that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the going concern period. For this reason, they c
Key FinancialsYear ending 30/09/2023
Net Worth
£70k
Balance sheet strength
Cash
£116k
Cash in the bank
Net Current Assets
-£1.2M
Working capital
Current Assets
£9.2M
Current Liabilities
£10.4M
Fixed Assets
£11.8M
Debtors
£7.6M
Profit After Tax
-£10.9M
Tax at Year End(2022)
People Costs(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.89 | -£334k |
| 2022 | 0.84 | -£10.9M |
| 2021 | 1.04 | -£878k |
| 2020 | 1.08 | +£11.6M |
| 2019 | 1.06 | — |
Derived from filed accounts. Not audited figures.