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Lacons Brewery Limited

02857269

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 11 outstanding charges (-10)

Details

57 PINBUSH ROAD, LOWESTOFT, NR33 7NL
Incorporated 27/09/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11050
Manufacture of beer
46342
46342

Officers

Mr Michael Joseph Carver

director · Since 27/09/1993

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 19 other boards

Mr Sean Michael Gregory

director · Since 01/11/2017

FINANCE & OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Michael Joseph Carver

75–100% shares

British · England · Age 57

57, Pinbush Road, Lowestoft, NR33 7NL

Notified 06/04/2016

Charges11 outstanding

Charge
outstanding

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HSBC EQUIPMENT FINANCE (UK) LTD

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HSBC BANK PLC

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HSBC EQUIPMENT FINANCE (UK) LIMITED · HSBC ASSET FINANCE (UK) LIMITED

Created 14/09/2012Registered 19/09/2012
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 06/07/2010Registered 09/07/2010
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 06/07/2010Registered 09/07/2010
charge
satisfied

HSBC BANK PLC

Created 30/07/2004Registered 31/07/2004Satisfied 15/12/2023
charge
outstanding

HSBC BANK PLC

Created 30/09/2003Registered 14/10/2003
charge
outstanding

HSBC BANK PLC

Created 11/01/2002Registered 16/01/2002
charge
satisfied

HSBC BANK PLC

Created 28/09/2001Registered 11/10/2001Satisfied 15/12/2023
charge
satisfied

HSBC BANK PLC

Created 11/06/2001Registered 13/06/2001Satisfied 15/12/2023
charge
satisfied

HSBC BANK PLC

Created 21/03/2001Registered 28/03/2001Satisfied 15/12/2023
charge
satisfied

HSBC BANK PLC

Created 29/09/2000Registered 30/09/2000Satisfied 15/12/2023
charge
satisfied

HSBC BANK PLC

Created 22/12/1999Registered 24/12/1999Satisfied 15/12/2023
charge
satisfied

MIDLAND BANK PLC

Created 14/03/1998Registered 31/03/1998Satisfied 15/12/2023
charge
satisfied

MIDLAND BANK PLC

Created 02/02/1998Registered 06/02/1998Satisfied 15/12/2023
charge
outstanding

JVT HOLDINGS LIMITED

Created 11/04/1996Registered 17/04/1996
charge
satisfied

MIDLAND BANK PLC

Created 07/08/1995Registered 09/08/1995Satisfied 15/12/2023
charge
outstanding

MIDLAND BANK PLC

Created 11/01/1994Registered 18/01/1994

CompanyRankvs 357+ SIC 11050 peers
47

Financial strength62th percentile among SIC peers · 16/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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357Lacons Brewery Limited
63
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.

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern The Company operates in one of the sectors which have been most impinged by the Covid-19 pandemic. The current economic conditions have created and continue to create uncertainty for the Company. A

Key FinancialsYear ending 31/03/2021

Turnover

£6.9M

Annual revenue

Net Worth

£3k

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

-£975k

Bottom line earnings

Net Current Assets

-£391k

Working capital

Current Assets

£1.7M

Current Liabilities

£2.1M

Fixed Assets

£1.3M

Debtors

£1.1M

Cost of Sales

£5.4M

Gross Profit

£1.5M

Admin Expenses

£3.1M

Operating Profit

-£953k

Profit After Tax

-£837k

46avg. employees-22

Tax at Year End

Dividends paid-£135k

People Costs

Wages & salaries£1.6M
NI contributions£136k

Balance Sheet

Assets less current liabilities£860k
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent RatioImplied Profit
20210.81-£893k
20191.00—

Derived from filed accounts. Not audited figures.