Laminating Technology Limited
02306840
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2015
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 1 other board
director · Since 01/04/2015
OPERATIONS DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 3 other boards
Persons with Significant Control
Teal Family Holdings Limited
Unit 5, Advance Factory, Kirkby In Ashfield, NG17 7JR
Reg: 15155672 · Register Of Companies · Private Limited Company
Notified 06/10/2023
Former PSCs
The Estate Of Raymond Teal
Ceased 17/07/2023
Mr Nicholas Alexander Teal
Ceased 06/10/2023
Mrs Elizabeth Teal
Ceased 17/07/2023
Mr Russell Scott Teal
Ceased 06/10/2023
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 13+ SIC 31090 peers80
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
can meet its liabilities as they fall due and the Directors have therefore concluded that the re is no material uncertainty, and it is appropriate for the financial statements to be prepared on the going concern basis. Overall, the company 's product range is more exciting and diverse than it has ever been and the expectation is to return to profitab ility in the near future . On beh
Key FinancialsYear ending 31/03/2025
Net Worth
£7.6M
Balance sheet strength
Cash
£471k
Cash in the bank
Profit Before Tax
-£392k
Bottom line earnings
Net Current Assets
£1.6M
Working capital
Current Assets
£2.2M
Current Liabilities
£585k
Fixed Assets
£6.2M
Debtors
£1.3M
Admin Expenses
£1.8M
Profit After Tax
-£310k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.68 | -£672k |
| 2024 | 4.37 | -£652k |
| 2023 | 7.73 | -£1.3M |
| 2022 | 7.96 | +£712k |
| 2021 | 16.54 | — |
Derived from filed accounts. Not audited figures.