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Labman Automation Limited

02765790

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

SEAMER HILL SEAMER, MIDDLESBROUGH, TS9 5NQ
Incorporated 13/11/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Andrew David Whitwell

director · Since 13/11/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 7 other boards

Christine Ann Smith

secretary · Since 13/07/2000

BRITISH · UNITED KINGDOM · Age 66

Also on 3 other boards

Christine Ann Smith

director · Since 14/03/2005

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 66

Also on 3 other boards

Mr Ian James Riley

director · Since 17/03/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 44

Mrs Joanna Caroline Whitwell

director · Since 19/04/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Mrs Rosemary Taylor

director · Since 01/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Persons with Significant Control

Mrs Joanna Caroline Whitwell

25–50% shares
25–50% votes

British · England · Age 65

Seamer Hill, Seamer, Middlesbrough, TS9 5NQ

Notified 13/11/2016

Mr Joseph Harald Whitwell

25–50% shares
25–50% votes

British · England · Age 95

Seamer Hill, Seamer, Middlesbrough, TS9 5NQ

Notified 13/11/2016

Mr Andrew David Whitwell

25–50% shares
25–50% votes

British · England · Age 66

Seamer Hill, Seamer, Middlesbrough, TS9 5NQ

Notified 13/11/2016

Charges0 outstanding

Charge
satisfied

HANDELSBANKEN PLC

Created 01/07/2019Registered 08/07/2019Satisfied 08/09/2022
Charge
satisfied

HANDELSBANKEN PLC

Created 01/07/2019Registered 02/07/2019Satisfied 08/09/2022
charge
satisfied

JOSEPH HAROLD WHITWELL

Created 14/05/1998Registered 30/05/1998Satisfied 17/03/2005
charge
satisfied

ANDREW DAVID WHITWELL

Created 04/05/1993Registered 13/05/1993Satisfied 28/05/2009
charge
satisfied

J. H. WHITWELL

Created 08/04/1993Registered 21/04/1993Satisfied 28/01/2019

CompanyRankvs 250+ SIC 28990 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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250Labman Automation Limited
82
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.

Employees15/15 pts

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

Liquidity12/20 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/10/2022

Turnover

£11.5M

Annual revenue

Net Worth

£8.1M

Balance sheet strength

Cash

£4.1M

Cash in the bank

Profit Before Tax

£2.1M

Bottom line earnings

Net Current Assets

£3.4M

Working capital

Current Assets

£10.4M

Current Liabilities

£7.0M

Fixed Assets

£5.2M

Debtors

£2.4M

Cost of Sales

£7.1M

Gross Profit

£4.3M

Admin Expenses

£2.3M

Operating Profit

£2.1M

Profit After Tax

£1.7M

119avg. employees+2

Tax at Year End

Corp tax£200k
Dividends paid£84k

People Costs

Wages & salaries£4.3M
NI contributions£467k

Balance Sheet

Assets less current liabilities£8.6M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20221.49+£1.7M
20211.29—

Derived from filed accounts. Not audited figures.