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Lorlin Electronics Limited

03204538

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

HARWOOD ROAD, WEST SUSSEX, BN17 7AT
Incorporated 28/05/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Colin Douglas Murray

secretary · Since 25/10/2005

BRITISH · ENGLAND · Age 69

Also on 7 other boards

John Gray

director · Since 25/10/2005

DIRECTOR

BRITISH · ENGLAND · Age 74

Mr Stephen Spencer Nobbs

director · Since 25/10/2005

CHARTERED ACOUNTANT

BRITISH · UNITED KINGDOM · Age 77

Also on 8 other boards

Mr Nicholas David Templeton Ward

director · Since 25/10/2005

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 2 other boards

Mr Oliver Gerard Wright

director · Since 25/10/2005

DIRECTOR

BRITISH · ENGLAND · Age 56

Colin Douglas Murray

director · Since 06/09/2007

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 7 other boards

Persons with Significant Control

Seckloe 267 Ltd

75–100% shares
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

C/O Lorlin Electronics Limited, Harwood Road, Littlehampton, BN17 7AT

Reg: 05464690 · Uk · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BERTHA WICKENS HEARSE

Created 18/06/2007Registered 22/06/2007
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 27/12/2006Registered 29/12/2006
charge
satisfied

ENTERPRISE FINANCE EUROPE (UK) LTD

Created 08/09/2005Registered 21/09/2005Satisfied 13/01/2007
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 08/09/2005Registered 16/09/2005Satisfied 13/01/2007
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 08/09/2005Registered 16/09/2005Satisfied 13/01/2007
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 13/02/1999Registered 23/02/1999Satisfied 15/09/2005
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 31/07/1996Registered 02/08/1996Satisfied 15/09/2005

CompanyRankvs 94+ SIC 26110 peers
74

Financial strength80th percentile among SIC peers · 20/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.73× · 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 strength20/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£601k

Balance sheet strength

Cash

£245k

Cash in the bank

Net Current Assets

£647k

Working capital

Current Assets

£1.0M

Current Liabilities

£374k

Fixed Assets

£29k

Debtors

£339k

21avg. employees-2

Tax at Year End(2023)

Dividends paid£100k

Balance Sheet

Assets less current liabilities£676k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.73-£31k
20233.47-£21k
20222.55-£10k
20212.13+£190k
20202.21+£86k
20192.22-£106k
20182.62

Derived from filed accounts. Not audited figures.