Back to search

Laystone Electronics Limited

02730538

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
41 / 100

Notable Risks

25/30
Filing
0/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

UNIT 2 ASCOT INDUSTRIAL ESTATE, NOTTINGHAM, NG10 5DL
Incorporated 13/07/1992

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/03/2025

Due 15/03/2026

Overdue

Industry

26110
Manufacture of electronic components

Officers

Mrs Tracy Masidlover

director · Since 08/10/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Stephen Edward Masidlover

director · Since 01/09/2016

SALES DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Bright Energy Solutions Ltd

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

Unit 2 Ascot Industrial Estate, Sandiacre, Nottingham, NG10 5DL

Reg: 08673569 · Registrar Of Companies For England And Wales · Private Limited Company Limited By Share

Notified 06/04/2016

Former PSCs

Mr Stephen Edward Masidlover

Ceased 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 15/08/2022Registered 17/08/2022
Charge
outstanding

HSBC UK BANK PLC

Created 30/04/2020Registered 12/05/2020
Charge
satisfied

ULTIMATE INVOICE FINANCE LTD

Created 08/10/2015Registered 09/10/2015Satisfied 16/08/2022

Insolvency History1 case

creditors voluntary liquidation22/04/2026

David Smithson (practitioner) · Stewart Goldsmith (practitioner)

CompanyRankvs 678+ SIC 26110 peers
29

Financial strength4th percentile among SIC peers · 1/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£79k

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£528k

Current Liabilities

£563k

Fixed Assets

£138k

Debtors

£448k

8avg. employees

Balance Sheet

Assets less current liabilities£103k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£3k
20231.10

Derived from filed accounts. Not audited figures.