Lincolnshire Herbs Ltd
03396683
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 01/07/2025
Due 15/07/2026
Industry
Officers
director · Since 18/12/2006
UNIT DIRECTOR
SWEDISH · SWEDEN · Age 51
Also on 1 other board
director · Since 23/12/2024
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 1 other board
Persons with Significant Control
Former PSCs
Mr Lars-Olof Mattsson
Ceased 14/10/2022
Charges1 outstanding
DANSKE BANK A/S
SVENSKA HANDELSBANKEN AB (PUBL)
SVENSKA HANDELSBANKEN AB (PUBL)
FORENINGSSPARBANKEN AB (PUBL)
CompanyRankvs 66+ SIC 01190 peers54
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
group have the strength and resources to supply such a guarantee. Therefore, having reviewed budgets and contingency plans the directors have concluded that there is no material uncertainty to the going concern status of the company.The financial statements do not include any adjustments in the event that the current funding was not available. STATEMENT OF DIRECTORS' RESPONSIBILITIES The direct
Key FinancialsYear ending 31/12/2024
Turnover
£20.0M
Annual revenue
Net Worth
£2.8M
Balance sheet strength
Cash
£126k
Cash in the bank
Profit Before Tax
-£922k
Bottom line earnings
Net Current Assets
-£1.9M
Working capital
Current Assets
£3.5M
Current Liabilities
£5.4M
Fixed Assets
£8.1M
Debtors
£2.8M
Cost of Sales
£19.1M
Gross Profit
£893k
Admin Expenses
£1.7M
Operating Profit
-£681k
Profit After Tax
-£587k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.64 | -£587k |
| 2023 | 0.69 | -£523k |
| 2022 | 0.70 | -£666k |
| 2021 | 0.69 | -£594k |
| 2020 | 0.96 | -£235k |
| 2019 | 0.84 | +£323k |
| 2018 | 0.78 | — |
Derived from filed accounts. Not audited figures.