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Lateral Line Ltd

05882583

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

7 KINGS COURT, LONDON, NW8 7LT
Incorporated 20/07/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods
66190
Other activities auxiliary to financial services
85590
Other education

Officers

Arun Parsram Mahtani

secretary · Since 20/07/2006

BRITISH · UNITED KINGDOM · Age 58

Mr Arun Parsram Mahtani

director · Since 20/07/2006

BUSINESSMAN

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Sanjay Parsram Mahtani

director · Since 20/07/2006

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 51

Also on 4 other boards

Persons with Significant Control

Mr Sanjay Parsram Mahtani

75–100% shares
75–100% votes

British · United Kingdom · Age 51

7 Kings Court, 31 Prince Albert Road, London, NW8 7LT

Notified 06/04/2016

Former PSCs

Mr Arun Parsram Mahtani

Ceased 01/10/2017

CompanyRankvs 1482+ SIC 46190 peers
71

Financial strength46th percentile among SIC peers · 12/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 6.9× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

£1k

Balance sheet strength

Cash

£166k

Cash in the bank

Net Current Assets

£196k

Working capital

Current Assets

£229k

Current Liabilities

£33k

Fixed Assets

£647

Debtors

£6k

1avg. employees

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£196k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.90
20244.73
20233.59
20223.22
20212.36
20201.84+£9k
20191.91+£9k
20182.00

Derived from filed accounts. Not audited figures.