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Lynnic Associates Limited

06072221

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

7 DUNSTON GRANGE, CHESTERFIELD, S41 9RJ
Incorporated 29/01/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Stephen Malcolm Corrigan

director · Since 06/02/2007

BUILDER

BRITISH · ENGLAND · Age 63

Also on 1 other board

Nicola Corrigan

secretary · Since 18/12/2007

BRITISH

Also on 2 other boards

Nicola Corrigan

director · Since 01/01/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Mr Stephen Malcolm Corrigan

Significant control

British · England · Age 63

7, Dunston Grange, Chesterfield, S41 9RJ

Notified 01/06/2016

Former PSCs

Mr Stephen Malcolm Corrigan

Ceased 26/01/2026

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 02/05/2014Registered 10/05/2014Satisfied 09/02/2021
Charge
satisfied

LLOYDS TSB BANK PLC

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charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/07/2008Registered 01/08/2008Satisfied 07/01/2011

CompanyRankvs 5413+ SIC 41100 peers
77

Financial strength81th percentile among SIC peers · 20/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 56.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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5413Lynnic Associates Limited
77
How is this score calculated?
Financial strength20/25 pts

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

Employees7/15 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 31/12/2024

Net Worth

£132k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£94k

Current Liabilities

£2k

Fixed Assets

£40k

1avg. employees

Balance Sheet

Assets less current liabilities£133k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202456.45-£21k
2023102.44-£93k
2022172.06-£101k
20216.26+£146k
20203.39+£165k
20191.05+£30k
20181.35—

Derived from filed accounts. Not audited figures.