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Faulkners Louth Limited

04614398

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

93-95 EASTGATE, LINCOLNSHIRE, LN11 9PL
Incorporated 11/12/2002

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/12/2025

Due 25/12/2026

On track

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Trevor Blades

director · Since 27/01/2003

DIRECTOR

UNITED KINGDOM · ENGLAND · Age 57

Persons with Significant Control

Mr Trevor Blades

75–100% shares

United Kingdom · England · Age 57

93-95 Eastgate, Lincolnshire, LN11 9PL

Notified 11/12/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 31/10/2014Registered 13/11/2014
Charge
outstanding

LLOYDS BANK PLC

Created 26/09/2014Registered 02/10/2014

CompanyRankvs 233+ SIC 47430 peers
62

Financial strength88th percentile among SIC peers · 22/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
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 strength22/25 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.

Liquidity6/20 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 31/03/2025

Net Worth

£245k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£125k

Current Liabilities

£137k

Fixed Assets

£409k

Debtors

£5k

8avg. employees

Balance Sheet

Assets less current liabilities£397k
Signed by Mr T Blades 22/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92-£234
20240.79-£5k
20230.93+£34k
20221.00+£53k
20210.32+£130k
20200.21+£4k
20190.40

Derived from filed accounts. Not audited figures.