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Liveco Limited

05286542

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

2 HENSON CLOSE, BISHOP AUCKLAND, DL14 6WA
Incorporated 15/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Gavin Vest

secretary · Since 15/11/2004

CONSTRN DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Mr Gavin Vest

director · Since 15/11/2004

CONSTRN DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Mrs Joanne Vest

director · Since 20/03/2019

ADMINSTRATOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Gary James Atkinson

director · Since 21/03/2023

QUANTITY SURVEYOR

BRITISH · ENGLAND · Age 47

Mr Richard James Mearman

director · Since 21/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Gavin Vest

75–100% shares

British · England · Age 56

2 Henson Close, Bishop Auckland, DL14 6WA

Notified 06/04/2016

Former PSCs

Mr Darren Cooke

Ceased 27/10/2020

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/05/2023Registered 05/05/2023
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/02/2006Registered 22/02/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/05/2005Registered 26/05/2005

CompanyRankvs 128+ SIC 41100 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.35× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 30/11/2025

Net Worth

£7.6M

Balance sheet strength

Cash

£5.3M

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£10.2M

Current Liabilities

£3.0M

Fixed Assets

£121k

Debtors

£1.2M

Admin Expenses

£1.1M

Profit After Tax

£1.1M

34avg. employees-7

Tax at Year End

Corp tax£108k

People Costs

Wages & salaries£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.35+£1.0M
20242.95+£952k
20231.95

Derived from filed accounts. Not audited figures.