Lycatel Distribution Uk Limited
06141057
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
27/09/2026
Confirmation statement
Last: 06/03/2026
Due 20/03/2027
Industry
Officers
director · Since 16/07/2007
BUSINESSMAN
BRITISH · UNITED KINGDOM · Age 73
Also on 1 other board
Persons with Significant Control
Mr Allirajah Subaskaran
British · United Kingdom · Age 54
3rd, Floor Walbrook Building, London, E14 9SG
Notified 06/04/2016
Charges3 outstanding
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I-21 LIMITED
CompanyRankvs 3623+ SIC 61900 peers41
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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
significant effects of the matters described above, we have been unable to obtain sufficient appropriate audit evidence to form an opinion on the financial statements. Material Uncertainty related to Going Concern We draw attention to Note 3.2 in the financial statements, which indicates that the Company’s ability to continue as a going concern is dependent on the recovery of amounts due from rela
Key FinancialsYear ending 31/12/2024
Turnover
£8.4M
Annual revenue
Net Worth
-£15.1M
Balance sheet strength
Cash
£57k
Cash in the bank
Profit Before Tax
£157k
Bottom line earnings
Net Current Assets
£9.7M
Working capital
Current Assets
£23.7M
Current Liabilities
£14.0M
Fixed Assets
£1.2M
Debtors
£23.6M
Cost of Sales
£6.5M
Gross Profit
£1.9M
Admin Expenses
£1.4M
Operating Profit
£500k
Profit After Tax
£157k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.69 |
Derived from filed accounts. Not audited figures.