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Linrate Limited

02926016

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FOFRAME HOUSE, LONDON, NW4 2EF
Incorporated 05/05/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr David Jay

secretary · Since 10/05/1994

SECRETARY

BRITISH · ENGLAND · Age 67

Also on 295 other boards

Mr Philip Jay

director · Since 10/05/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 104 other boards

Mr David Jay

director · Since 19/05/1994

PROPERTY INVESTOR

BRITISH · ENGLAND · Age 67

Also on 295 other boards

Mr Irvine Sidney Jay

director · Since 19/05/1994

PROPERTY INVESTOR

BRITISH · ENGLAND · Age 66

Also on 70 other boards

Persons with Significant Control

Mr Philip Jay

25–50% shares

British · England · Age 70

Foframe House, London, NW4 2EF

Notified 06/04/2016

Mr Irvine Sidney Jay

25–50% shares

British · England · Age 66

Foframe House, London, NW4 2EF

Notified 06/04/2016

Mr David Jay

25–50% shares

British · England · Age 67

Foframe House, London, NW4 2EF

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 06/11/2024Registered 08/11/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 28/07/2016Registered 02/08/2016Satisfied 08/11/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 28/07/2016Registered 02/08/2016Satisfied 08/11/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 19/06/2015Registered 22/06/2015Satisfied 08/11/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 19/06/2015Registered 22/06/2015Satisfied 08/11/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 04/03/2014Registered 05/03/2014Satisfied 08/11/2024
Charge
satisfied

ALDERMORE BANK PLC

Created 04/03/2014Registered 05/03/2014Satisfied 08/11/2024
charge
satisfied

NORWICH UNION MORTGAGE FINANCE LIMITED AS TRUSTEE FOR ITSELF AND THE OTHER LENDERS

Created 15/08/1997Registered 28/08/1997Satisfied 25/06/2015
charge
satisfied

BRISTOL AND WEST BUILDING SOCIETY

Created 24/02/1995Registered 08/03/1995Satisfied 15/11/2013
charge
satisfied

BRISTOL AND WEST BUILDING SOCIETY

Created 24/02/1995Registered 08/03/1995Satisfied 28/11/2013

CompanyRankvs 30196+ SIC 68100 peers
50

Financial strength99th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 pts

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

Liquidity2/20 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

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

£3.3M

Balance sheet strength

Cash

£138k

Cash in the bank

Net Current Assets

-£398k

Working capital

Current Assets

£302k

Current Liabilities

£700k

Debtors

£165k

0avg. employees

Tax at Year End

Corp tax£87k

Balance Sheet

Assets less current liabilities£6.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43+£115k
20230.22-£300k
20220.82+£110k
20210.91-£5k
20200.33+£1.3M
20190.24+£153k
20180.24+£476k
20170.22

Derived from filed accounts. Not audited figures.