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Love The Lakes Limited

06420101

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

WATERSIDE, 4 THE GARDENS, CUMBRIA, LA14 4RE
Incorporated 07/11/2007

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/11/2025

Due 20/11/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Sean Michael Mcmahon

secretary · Since 07/11/2007

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Louise Mcmahon

director · Since 07/11/2007

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Sean Michael Mcmahon

director · Since 06/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Persons with Significant Control

Mrs Louise Patricia Mcmahon

75–100% shares

English · England · Age 66

Waterside, 4 The Gardens, Cumbria, LA14 4RE

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/03/2010Registered 01/04/2010

CompanyRankvs 1375+ SIC 47190 peers
73

Financial strength88th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity16/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£80k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£187k

Current Liabilities

£124k

Fixed Assets

£24k

Debtors

£57k

Profit After Tax

£47k

20avg. employees

Tax at Year End

Corp tax£10k
Dividends paid£11k

Balance Sheet

Intangible assets£5k
Assets less current liabilities£86k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51+£35k
20231.21-£17k
20221.35-£4k
20211.52+£33k
20201.35+£28k
20190.97-£16k
20181.06

Derived from filed accounts. Not audited figures.