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Westwood Lakes Limited

05603978

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

C/O JAMES & CO ACCOUNTANTS LIMITED VENTURE HOUSE, BOSTON, PE21 7TW
Incorporated 26/10/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mrs Tracey Ann Coupland

secretary · Since 26/10/2005

SECRETARY

BRITISH · Age 62

Also on 3 other boards

Mr Alan Roy Coupland

director · Since 26/10/2005

GANGMASTER

BRITISH · UNITED KINGDOM · Age 67

Also on 2 other boards

Mrs Tracey Ann Coupland

director · Since 04/01/2010

LODGE MANAGER

BRITISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Persons with Significant Control

Mr Alan Roy Coupland

25–50% shares

British · United Kingdom · Age 67

Lake View Lodge, Five House Lane, Boston, PE21 7NA

Notified 17/08/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 04/06/2015Registered 17/06/2015
charge
outstanding

LLOYDS TSB BANK PLC

Created 17/02/2010Registered 19/02/2010
charge
outstanding

LLOYDS TSB BANK PLC

Created 24/11/2009Registered 26/11/2009

CompanyRankvs 615+ SIC 93290 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.42× · 12/20
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 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.

Liquidity12/20 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 31/10/2024

Net Worth

£3.6M

Balance sheet strength

Cash

£996k

Cash in the bank

Net Current Assets

£421k

Working capital

Current Assets

£1.4M

Current Liabilities

£994k

Fixed Assets

£3.3M

Debtors

£192k

36avg. employees-3

Balance Sheet

Assets less current liabilities£3.8M
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.42+£230k
20231.15+£449k
20220.88+£407k
20210.65+£571k
20200.46+£258k
20190.20+£303k
20180.32

Derived from filed accounts. Not audited figures.