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Lite Alternative Limited

02519832

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 4 SHADSWORTH BUSINESS PARK, BLACKBURN, BB1 2QR
Incorporated 09/07/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77291
Renting and leasing of media entertainment equipment
96090
Other personal service activities

Officers

Mr Paul Normandale

director · Since 09/07/1991

LIGHTING DESIGNER

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Paul Normandale

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

British · England · Age 66

Unit 4, Duttons Way, Blackburn, BB1 2QR

Notified 06/04/2016

Former PSCs

Susan Elizabeth Ann Normandale

Ceased 03/06/2024

CompanyRankvs 106+ SIC 77291 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.3× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£4.4M

Balance sheet strength

Cash

£2.9M

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£3.7M

Current Liabilities

£1.6M

Fixed Assets

£3.0M

Debtors

£801k

0avg. employees

Tax at Year End

Corp tax£223k

Balance Sheet

Assets less current liabilities£5.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.30+£0
20252.30+£767k
20242.83+£62k
20231.97

Derived from filed accounts. Not audited figures.