L.A.C. Conveyor Systems Limited
06365584
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2020
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 4 other boards
director · Since 20/06/2022
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 2 other boards
director · Since 16/10/2024
DIRECTOR
SWEDISH · SWEDEN · Age 45
Also on 1 other board
Persons with Significant Control
Vale Manufacturing Ltd
6, Clinton Avenue, Nottingham, NG5 1AW
Reg: 09778008 · Companies House · Private Limited Company
Notified 06/04/2016
Former PSCs
Mr Christopher Carl Unwin
Ceased 15/09/2015
Charges1 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 407+ SIC 82990 peers70
Show leaderboard
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2023
Turnover
£38.4M
Annual revenue
Net Worth
£9.6M
Balance sheet strength
Cash
£11.3M
Cash in the bank
Profit Before Tax
£5.7M
Bottom line earnings
Net Current Assets
£9.5M
Working capital
Current Assets
£18.9M
Current Liabilities
£9.4M
Fixed Assets
£146k
Debtors
£7.6M
Cost of Sales
£28.2M
Gross Profit
£10.2M
Admin Expenses
£4.7M
Operating Profit
£5.6M
Profit After Tax
£4.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.01 | +£6.0M |
| 2019 | 1.64 | +£1.7M |
| 2018 | 1.52 | — |
Derived from filed accounts. Not audited figures.