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Project Lightning Realisations 1 Limited

03548331

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O BEGBIES TRAYNOR (LONDON) LLP 31ST FLOOR, LONDON, E14 5NR
Incorporated 17/04/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Andrew Keith Williams

director · Since 24/06/2009

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Mrs Rebecca Claire James

director · Since 31/12/2013

SALES DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Fastenex (Industrial Fasteners) Limited

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

Church Court, Stourbridge Road, Halesowen, B63 3TT

Reg: 10614757 · Uk · Limited

Notified 23/05/2017

Former PSCs

Cofast Estates Limited

Ceased 23/05/2017

Charges2 outstanding

Charge
satisfied

CYNERGY BUSINESS FINANCE LIMITED

Created 06/08/2025Registered 08/08/2025Satisfied 20/02/2026
Charge
outstanding

TC SECURITY TRUSTEE LIMITED ACTING AS THE SECURITY TRUSTEE OF THE SECURED PARTIES

Created 25/05/2021Registered 28/05/2021
Charge
outstanding

TC LOANS I LIMITED (AS SECURITY TRUSTEE)

Created 02/08/2019Registered 12/08/2019
Charge
satisfied

LLOYDS BANK PLC

Created 25/05/2018Registered 25/05/2018Satisfied 22/08/2019
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 23/05/2017Registered 24/05/2017Satisfied 15/08/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/06/2009Registered 08/07/2009Satisfied 02/05/2017
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 24/06/2009Registered 01/07/2009Satisfied 02/05/2017
charge
satisfied

LLOYDS TSB BANK PLC

Created 19/01/2001Registered 26/01/2001Satisfied 02/05/2017
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/09/2000Registered 30/09/2000Satisfied 02/05/2017

CompanyRankvs 15+ SIC 25620 peers
36

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.67× · 16/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity16/20 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 30/06/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£102k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.7M

Fixed Assets

£949k

Debtors

£2.1M

53avg. employees+3

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.67+£241k
20231.99+£27k
20222.19+£391k
20211.82+£68k
20201.75—

Derived from filed accounts. Not audited figures.