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Locking & Security Solutions Limited

04149882

active
Private Limited Company
england wales
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

UNIT 35 NORTH TYNE INDUSTRIAL ESTATE, NEWCASTLE UPON TYNE, NE12 9SZ
Incorporated 29/01/2001

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/03/2026

Due 03/04/2027

On track

Industry

25720
Manufacture of locks and hinges

Officers

Mr Neil Wilson Rule

director · Since 10/07/2007

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Mr Clint Robertson

director · Since 13/05/2015

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mrs Olga Whitworth

25–50% shares
25–50% votes

British · United Kingdom · Age 92

Unit 35, North Tyne Industrial Estate, Whitley Road, Newcastle Upon Tyne, NE12 9SZ

Notified 17/10/2024

Mr Neil Wilson Rule

25–50% shares
25–50% votes

British · United Kingdom · Age 53

Unit 35, North Tyne Industrial Estate, Newcastle Upon Tyne, NE12 9SZ

Notified 30/10/2024

Former PSCs

Mr David Alexander Whitworth

Ceased 17/10/2024

Charges2 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 10/08/2004Registered 21/08/2004
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 23/10/2002Registered 25/10/2002

CompanyRankvs 10+ SIC 25720 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.19× · 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.

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 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

£922k

Working capital

Current Assets

£1.7M

Current Liabilities

£774k

Fixed Assets

£202k

Debtors

£891k

32avg. employees

Tax at Year End

Corp tax£25k

Balance Sheet

Bank loans & overdrafts£83k
Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.19-£111k
20232.42+£149k
20222.12+£67k
20212.72

Derived from filed accounts. Not audited figures.