Lay & Wheeler Limited
05730318
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 01/09/2025
Due 15/09/2026
Industry
Officers
director · Since 01/10/2019
BUSINESS
AMERICAN · UNITED STATES · Age 42
Also on 3 other boards
director · Since 31/08/2022
COMPANY DIRECTOR
AMERICAN · TAIWAN · Age 42
Also on 2 other boards
director · Since 16/07/2025
GROUP FINANCE DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 4 other boards
director · Since 15/09/2025
DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 16 other boards
Persons with Significant Control
Coterie Holdings Uk Limited
58, Grosvenor Street, London, W1K 3JB
Reg: 14868561 · Companies House · Limited Company
Notified 18/08/2023
Former PSCs
Majestic Wine Warehouses Limited
Ceased 03/07/2019
Majestic Wine Plc
Ceased 01/10/2019
Mr Foster Chiang
Ceased 18/08/2023
Charges2 outstanding
HSBC UK BANK PLC
FORTWELL CAPITAL LIMITED AS SECURITY TRUSTEE
BARCLAYS BANK PLC
CompanyRankvs 1314+ SIC 46342 peers38
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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
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 01/04/2024
Net Worth
-£374k
Balance sheet strength
Cash
£979k
Cash in the bank
Profit Before Tax
-£1.6M
Bottom line earnings
Net Current Assets
£3.5M
Working capital
Current Assets
£21.3M
Current Liabilities
£17.8M
Fixed Assets
£105k
Debtors
£2.3M
Cost of Sales
£23.8M
Admin Expenses
£4.8M
Profit After Tax
-£1.6M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.20 | -£1.6M |
| 2023 | 1.23 | — |
Derived from filed accounts. Not audited figures.