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Lastmilexchange Limited

05388616

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

1 LYRIC SQUARE, LONDON, W6 0NB
Incorporated 10/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

James Edward Grant

secretary · Since 10/03/2005

BRITISH · UNITED KINGDOM · Age 54

Benjamin Edmond

director · Since 13/05/2023

CEO & FOUNDER

AMERICAN · UNITED STATES · Age 52

Stephen Sincavage

director · Since 01/03/2024

CHIEF FINANCIAL OFFICER

AMERICAN · UNITED STATES · Age 51

Persons with Significant Control

Former PSCs

Mr James Edward Grant

Ceased 13/05/2023

Mr Andrew Oliver Hoskin

Ceased 13/05/2023

CompanyRankvs 28806+ SIC 62012 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.21× · 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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28806Lastmilexchange Limited
46
How is this score calculated?
Financial strength0/25 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.

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

31 December 2024 statutory accounts are signed, should this impact the entity’s ability to continue to operate as a going concern Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. 1.4 Turnover Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.2M

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£310k

Current Liabilities

£1.4M

Fixed Assets

£13k

Debtors

£237k

9avg. employees+1

Balance Sheet

Assets less current liabilities-£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21-£1.2M

Derived from filed accounts. Not audited figures.