Lycatel Services Limited
05396108
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 17/03/2026
Due 31/03/2027
Industry
Officers
director · Since 23/12/2020
BUSINESSMAN
BRITISH · UNITED KINGDOM · Age 48
Also on 15 other boards
Persons with Significant Control
Www Holding Company Limited
195, Marsh Wall, London, E14 9SG
Reg: 05049626 · Register Of Companies · Private Limited Company
Notified 06/04/2016
CompanyRankvs 5902+ SIC 69102 peers37
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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
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. Material Uncertainty related to Going Concern We draw attention to Note 3.3 in the financial statements, which explains that the company’s ability to continue as a going concern is dependent on the recovery of amounts due from relate
Key FinancialsYear ending 31/12/2024
Turnover
£34.5M
Annual revenue
Net Worth
-£149.8M
Balance sheet strength
Cash
£107k
Cash in the bank
Profit Before Tax
-£10.6M
Bottom line earnings
Net Current Assets
-£150.4M
Working capital
Current Assets
£10.9M
Current Liabilities
£161.3M
Fixed Assets
£616k
Debtors
£10.8M
Cost of Sales
£13.0M
Gross Profit
£21.5M
Admin Expenses
£21.3M
Operating Profit
-£10.7M
Profit After Tax
-£10.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.07 | -£10.6M |
| 2023 | 0.03 | — |
Derived from filed accounts. Not audited figures.