Lynn Star Distribution & Logistics Limited
02796763
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Paul Edwin Day
director · Since 31/03/2023
British
Winifred Mary Day
director · Since 31/03/2023
British
Sherridan Peter Dowen
director · Since 01/04/1996
British
Former
Penelope Jayne Katherine Dowen
secretary · Resigned 31/03/2023
Swift Incorporations Limited
corporate nominee secretary · Resigned 05/03/1993
Penelope Jayne Katherine Dowen
director · Resigned 31/03/2023
Royston Dowen
director · Resigned 31/03/2023
CompanyRankvs 18430+ SIC 49410 peers76
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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
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 co
Key FinancialsYear ending 31/12/2023
Turnover
£6.4M
Annual revenue
Net Worth
£3.7M
Balance sheet strength
Cash
£938k
Cash in the bank
Profit Before Tax
£468k
Bottom line earnings
Net Current Assets
£678k
Working capital
Current Assets
£2.0M
Current Liabilities
£1.3M
Fixed Assets
£3.4M
Debtors
£1.0M
Cost of Sales
£5.3M
Gross Profit
£1.1M
Admin Expenses
£643k
Operating Profit
£485k
Profit After Tax
£370k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.51 | +£370k |
| 2023 | 1.57 | — |
Derived from filed accounts. Not audited figures.