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Lund Precision Reeds Limited

02631643

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

RYEFIELD WORKS, HIGHGATE ROAD, BRADFORD, BD13 1DS
Incorporated 23/07/1991

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 23/07/2025

Due 06/08/2026

On track

Industry

28940
Manufacture of machinery for textile, apparel and leather production

Officers

Mr Martin Owen

director · Since 21/12/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Persons with Significant Control

Mr Martin Owen

25–50% shares
25–50% votes

British · United Kingdom · Age 69

Ryefield Works, Highgate Road, Bradford, BD13 1DS

Notified 06/04/2016

Mrs Janette Ann Owen

25–50% shares
25–50% votes

British · United Kingdom · Age 68

Ryefield Works, Highgate Road, Bradford, BD13 1DS

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 01/12/2011Registered 12/12/2011
charge
outstanding

SKIPTON BUSINESS FINANCE LTD.

Created 02/04/2002Registered 03/04/2002
charge
satisfied

T SAVILLE WHITTLE LIMITED

Created 21/12/2000Registered 23/12/2000Satisfied 22/04/2004
charge
satisfied

CHARLES WALKER CONSOLIDATED LIMITED

Created 21/12/2000Registered 23/12/2000Satisfied 22/04/2004
charge
satisfied

MIDLAND BANK PLC

Created 26/06/1992Registered 01/07/1992Satisfied 12/06/2002

CompanyRankvs 43+ SIC 28940 peers
56

Financial strength63th percentile among SIC peers · 16/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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43Lund Precision Reeds Limited
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How is this score calculated?
Financial strength16/25 pts

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

Employees4/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£59k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£113k

Current Liabilities

£58k

Fixed Assets

£6k

Debtors

£27k

0avg. employees-8

Tax at Year End

Corp tax£483

Balance Sheet

Intangible assets£0
Assets less current liabilities£60k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.94-£3k
20241.58+£17k
20231.46+£9k
20221.53-£27k
20212.05+£22k
20202.03-£16k
20191.37-£10k
20181.63—

Derived from filed accounts. Not audited figures.