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Lakeland Laboratories Limited

02875769

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

PEEL LANE, TYLDESLEY, M29 7FE
Incorporated 26/11/1993

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

20140
Manufacture of other organic basic chemicals

Officers

Mr Paul Mccormack

director · Since 09/05/2002

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Mr Eric John Seddon

director · Since 01/12/2021

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mrs Catherine Lisa Buckley

director · Since 04/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mr James Robert Clark

director · Since 04/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 3 other boards

Mrs Sarah Elizabeth Oliver

director · Since 04/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Persons with Significant Control

Lakeland Chemicals Limited

75–100% shares
75–100% votes

Peel Lane, Astley Green, Manchester, M29 7FE

Reg: 03178821 · England And Wales · Limited Liability Company

Notified 04/04/2023

Former PSCs

Mr Philip Evan Clark

Ceased 04/04/2023

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/03/2023Registered 30/03/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 03/05/2019Registered 03/05/2019
charge
satisfied

BARCLAYS BANK PLC

Created 27/10/2011Registered 09/11/2011Satisfied 06/11/2018

CompanyRankvs 15+ SIC 20140 peers
68

Financial strength95th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.35× · 20/20
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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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

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 31/12/2024

Turnover

£11.0M

Annual revenue

Net Worth

£5.8M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£4.9M

Working capital

Current Assets

£6.4M

Current Liabilities

£1.5M

Fixed Assets

£1.6M

Debtors

£3.7M

Cost of Sales

£8.2M

Gross Profit

£2.8M

Admin Expenses

£1.1M

Operating Profit

£1.5M

Profit After Tax

£1.4M

21avg. employees

Tax at Year End

Corp tax£403k
Dividends paid£1.0M

People Costs

Wages & salaries£1.2M
NI contributions£49k

Balance Sheet

Intangible assets£66k
Bank loans & overdrafts£63k
Assets less current liabilities£6.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.35+£373k
20235.51+£253k
20224.36+£979k
20213.89+£665k
20203.31+£521k
20193.13+£413k
20183.74

Derived from filed accounts. Not audited figures.