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Lagat Limited

02120850

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

CROMWELL HOUSE, LINCOLN, LN6 7YT
Incorporated 08/04/1987

Compliance

Last accounts

31/01/2024

total exemption full

Next accounts due

31/10/2025

Overdue

Confirmation statement

Last: 24/06/2024

Due 08/07/2025

Overdue

Industry

85320
Technical and vocational secondary education

Officers

Martin Peter Hodgkinson

director · Since 06/06/1992

CONSULTANT DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 25 other boards

Hannah Spencer

director · Since 09/12/2002

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 6 other boards

Martin Peter Hodgkinson

secretary · Since 08/09/2003

CONSULTANT

BRITISH · UNITED KINGDOM · Age 77

Also on 25 other boards

Persons with Significant Control

Mr Martin Peter Hodgkinson

25–50% votes

British · United Kingdom · Age 77

Newton House, 20-26 Corporation Street, Lincoln, LN2 1HN

Notified 06/04/2016

Mrs Hannah Spencer

25–50% shares

British · United Kingdom · Age 78

Newton House, 20-26 Corporation Street, Lincoln, LN2 1HN

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/09/2006Registered 22/09/2006Satisfied 17/10/2023

Insolvency History1 case

creditors voluntary liquidation15/05/2025

Sarah Louise Burge (practitioner)

CompanyRankvs 15+ SIC 85320 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/01/2024

Net Worth

-£259k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£242k

Working capital

Current Assets

£63k

Current Liabilities

£305k

Fixed Assets

£3k

Debtors

£53k

19avg. employees-2

Balance Sheet

Assets less current liabilities-£239k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21-£234k
20221.07+£30k
20211.09-£181k
20203.03-£8k
20191.26

Derived from filed accounts. Not audited figures.