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Lockspin Limited

03464491

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • 8 outstanding charges (-10)

Details

DOWN FARM MELLS, FROME, BA11 2RJ
Incorporated 12/11/1997

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/11/2025

Due 17/11/2026

On track

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds

Officers

Mr Kenneth Lock

director · Since 18/11/1997

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 2 other boards

Mr William Kenneth Lock

director · Since 12/11/2012

FARMER

BRITISH · ENGLAND · Age 38

Miss Samantha Joanne Bull

secretary · Since 25/05/2021

Also on 1 other board

Miss Samantha Joanne Bull

director · Since 08/10/2024

COMPANY SECRETARY

BRITISH · ENGLAND · Age 34

Also on 1 other board

Persons with Significant Control

Mr William Kenneth Lock

75–100% shares

British · England · Age 38

Down Farm, Mells, Frome, BA11 2RJ

Notified 01/03/2021

Former PSCs

Mr Kenneth Lock

Ceased 25/08/2022

Mrs Sally Victoria Lock

Ceased 27/10/2024

Mr Kenneth Lock

Ceased 28/10/2024

Charges8 outstanding

Charge
outstanding

THE SOCIETY INCORPORATED BY LLOYD'S ACT 1871 BY THE NAME OF LLOYD'S · THE TRUSTEES (AS DEFINED IN THE INSTRUMENT) · THE BENEFICIARIES (AS DEFINED IN THE INSTRUMENT) · THE PREMIUMS TRUSTEES (AS DEFINED IN THE INSTRUMENT) · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 16/06/2023Registered 23/06/2023
Charge
outstanding

THE SOCIETY INCORPORATED BY LLOYD'S ACT 1871 BY THE NAME OF LLOYD'S · THE TRUSTEES (AS DEFINED IN THE INSTRUMENT) · THE BENEFICIARIES (AS DEFINED IN THE INSTRUMENT) · THE PREMIUMS TRUSTEES (AS DEFINED IN THE INSTRUMENT) · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 20/11/2019Registered 21/11/2019
charge
outstanding

LLOYD'S, THE TRUSTEES, THE BENEFICIARIES AND THE OTHER PERSONS OR BODIES (AS FURTHER DEFINED ON

Created 03/12/2010Registered 09/12/2010
charge
outstanding

LLOYD'S, THE TRUSTEES, THE BENEFICIARIES AND THE OTHER PERSONS OR BODIES (AS FURTHER DEFINED ON

Created 03/12/2010Registered 09/12/2010
charge
outstanding

LLOYD'S, THE TRUSTEES, THE BENEFICIARIES AND THE OTHER PERSONS OR BODIES (AS FURTHER DEFINED ON

Created 03/12/2010Registered 09/12/2010
charge
outstanding

LLOYD'S

Created 10/12/2007Registered 14/12/2007
charge
outstanding

THE SOCIETY INCORPORATED BY LLOYD'S

Created 10/12/2007Registered 13/12/2007
charge
outstanding

LLOYD'S

Created 14/09/2007Registered 21/09/2007

CompanyRankvs 2538+ SIC 01110 peers
38

Financial strength37th percentile among SIC peers · 9/25
Employees57th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
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 strength9/25 pts

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

Employees9/15 pts

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

Liquidity0/20 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

£300k

Balance sheet strength

Cash

£198k

Cash in the bank

Net Current Assets

£363k

Working capital

Current Assets

£394k

Current Liabilities

Fixed Assets

£2.2M

Debtors

£94k

3avg. employees

Tax at Year End(2020)

Corp tax£0

Balance Sheet

Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£0
20236.74+£0
20224.75+£0
202110.78+£100
20205.48

Derived from filed accounts. Not audited figures.