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Lmc Plastics Limited

05849623

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNITS 9-11, LEDBURY, HR8 2DJ
Incorporated 19/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22230
Manufacture of builders' ware of plastic

Officers

Mr David Raymond Merrick

director · Since 18/12/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Mrs Samantha Jane Merrick

secretary · Since 11/07/2025

Also on 8 other boards

Mrs Samantha Jane Merrick

director · Since 11/07/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 8 other boards

Persons with Significant Control

Linthwaite Holdings Limited

75–100% shares

9-11, Lower Road Trading Estate, Ledbury, HR8 2DJ

Reg: 02750213 · Companies House · Limited Company

Notified 31/12/2019

Former PSCs

Mr David Raymond Merrick

Ceased 06/04/2016

Linthwaite Manufacturing Limited

Ceased 31/12/2019

Charges2 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 03/04/2014Registered 04/04/2014
charge
outstanding

HSBC BANK PLC

Created 10/02/2009Registered 12/02/2009

CompanyRankvs 158+ SIC 22230 peers
36

Financial strength0th percentile among SIC peers · 0/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.25× · 2/20
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 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.1M

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

-£3.3M

Working capital

Current Assets

£1.1M

Current Liabilities

£4.4M

Fixed Assets

£3.0M

Debtors

£404k

38avg. employees-6

Balance Sheet

Assets less current liabilities-£279k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.25-£615k
20230.43

Derived from filed accounts. Not audited figures.