Light Rail Transit Association
05072319
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 12/03/2026
Due 26/03/2027
Industry
Officers
director · Since 29/07/2009
MARKETING MANAGER
BRITISH · ENGLAND · Age 53
Also on 3 other boards
director · Since 17/09/2011
SELF EMPLOYED CONSULTANT
BRITISH · ENGLAND · Age 71
Also on 2 other boards
director · Since 21/09/2013
RETIRED
BRITISH · ENGLAND · Age 80
Also on 2 other boards
director · Since 22/09/2018
RETIRED CHARTERED CIVIL ENGINEER
BRITISH · ENGLAND · Age 71
Also on 2 other boards
director · Since 26/01/2023
RETIRED
BRITISH · ENGLAND · Age 71
Also on 1 other board
director · Since 27/09/2024
RETIRED
BRITISH · ENGLAND · Age 76
Also on 4 other boards
secretary · Since 05/11/2024
CompanyRankvs 484+ SIC 58110 peers73
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
£55k
Balance sheet strength
Cash
£128k
Cash in the bank
Net Current Assets
£50k
Working capital
Current Assets
£142k
Current Liabilities
£92k
Fixed Assets
£5k
Debtors
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.54 | -£1k |
| 2023 | 1.58 | -£31k |
| 2022 | 2.16 | +£5k |
| 2021 | 1.94 | +£18k |
| 2020 | 1.67 | -£15k |
| 2019 | 1.95 | -£8k |
| 2018 | 2.01 | — |
Derived from filed accounts. Not audited figures.