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Lateral Engineering Limited

04285800

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

14 MARKET PLACE, BURY, BL0 9HT
Incorporated 12/09/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr David Pemberton

director · Since 12/09/2001

CO DIRECTOR

BRITISH · ENGLAND · Age 68

Jeanette Caroline Pemberton

secretary · Since 03/09/2007

BRITISH

Persons with Significant Control

Mrs Jeanette Caroline Pemberton

25–50% shares

British · England · Age 63

14, Market Place, Bury, BL0 9HT

Notified 12/09/2016

Mr David Pemberton

25–50% shares

British · England · Age 68

14, Market Place, Bury, BL0 9HT

Notified 12/09/2016

CompanyRankvs 37072+ SIC 43999 peers
25

Financial strength6th percentile among SIC peers · 2/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's

Key FinancialsYear ending 30/09/2025

Net Worth

-£15k

Balance sheet strength

Cash

£2

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£2

Current Liabilities

£16k

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities-£14k
Signed by Mr D Pemberton,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£0
20250.00-£2k
20240.00-£2k
20230.02-£2k
20220.62-£2k
20212.69

Derived from filed accounts. Not audited figures.