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Lincoln Polythene Limited

02928762

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

UNITS 2 - 5 GEORGE STREET, LINCOLN, LN5 8LG
Incorporated 13/05/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Ashley James Hobson

secretary · Since 24/02/1996

SALES MANAGER

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mrs Pamela Mary Hobson

director · Since 24/02/1996

DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 1 other board

Mr Ashley James Hobson

director · Since 19/08/1998

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Lincoln Polythene Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Units 2-5, George Street, Lincoln, LN5 8LG

Reg: 13555364 · Companies House · Company Limited By Shares

Notified 31/08/2021

Former PSCs

Mrs Pamela Mary Hobson

Ceased 10/03/2017

Mr Ashley James Hobson

Ceased 10/03/2017

Lincoln Polythene Holdings Limited

Ceased 31/08/2021

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 24/02/2013Registered 27/02/2013

CompanyRankvs 160+ SIC 22290 peers
76

Financial strength90th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.36× · 20/20
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 strength23/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.7M

Current Liabilities

£806k

Fixed Assets

£150k

Debtors

£893k

22avg. employees-2

Balance Sheet

Intangible assets£24k
Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.36-£4.9M
20245.66+£1.3M
20234.06

Derived from filed accounts. Not audited figures.