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Lateral Thought Ltd

06207696

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

17 FAIRFIELD AVE, SURREY, RH6 7PB
Incorporated 10/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities
62090
Other information technology service activities
63990
Other information service activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Mrs Selina Seaman

secretary · Since 10/04/2007

ENGLISH · ENGLAND · Age 58

Also on 3 other boards

Mrs Selina Seaman

director · Since 10/04/2007

ACCOUNTANT

ENGLISH · ENGLAND · Age 58

Also on 3 other boards

Mr Toby Seaman

director · Since 10/04/2007

GAFFER

ENGLISH · ENGLAND · Age 58

Persons with Significant Control

Mrs Selina Seaman

Significant control

English · England · Age 58

17 Fairfield Ave, Surrey, RH6 7PB

Notified 10/04/2017

Mr Toby Seaman

Significant control

English · England · Age 58

17 Fairfield Ave, Surrey, RH6 7PB

Notified 10/04/2017

CompanyRankvs 274+ SIC 61900 peers
84

Financial strength86th percentile among SIC peers · 22/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 7.23× · 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 strength22/25 pts

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

Employees12/15 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 30/04/2025

Turnover

£148k

Annual revenue

Net Worth

£147k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£59k

Bottom line earnings

Net Current Assets

£135k

Working capital

Current Assets

£156k

Current Liabilities

£22k

Fixed Assets

£12k

Gross Profit

£154k

Profit After Tax

£45k

3avg. employees

Tax at Year End(2021)

VAT£614

Balance Sheet

Depreciation£2k
Assets less current liabilities£147k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20257.23-£15k
202410.90-£13k
20239.43+£5k
20229.46+£26k
202115.70-£15k£12k
202019.48-£37k
20195459.53

Derived from filed accounts. Not audited figures.