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Laser 24 Limited

06456383

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNITS 2 & 3 LANCASTER BUSINESS PARK, SOUTHEND-ON-SEA, SS2 6UN
Incorporated 18/12/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy
25990
Manufacture of other fabricated metal products

Officers

Mr Iain Edward Summerfield

director · Since 01/04/2008

PRODUCTION MANAGER

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mrs Joanna Ina Summerfield

director · Since 15/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Iain Edward Summerfield

75–100% shares
75–100% votes

British · United Kingdom · Age 46

Units 2 & 3, Lancaster Business Park, Southend-On-Sea, SS2 6UN

Notified 06/04/2016

Former PSCs

Paul Robert King

Ceased 20/04/2020

Charges2 outstanding

Charge
outstanding

METRO BANK PLC

Created 19/08/2022Registered 25/08/2022
Charge
outstanding

SME INVOICE FINANCE LIMITED

Created 05/08/2022Registered 10/08/2022
Charge
satisfied

SKIPTON BUSINESS FINANCE LIMITED

Created 26/03/2020Registered 15/04/2020Satisfied 08/08/2022

CompanyRankvs 95+ SIC 25500 peers
68

Financial strength77th percentile among SIC peers · 19/25
Employees85th percentile among SIC peers · 13/15
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 strength19/25 pts

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

Employees13/15 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

£645k

Balance sheet strength

Cash

£758k

Cash in the bank

Net Current Assets

£996k

Working capital

Current Assets

£3.0M

Current Liabilities

£2.0M

Fixed Assets

£245k

Debtors

£1.9M

27avg. employees-3

Balance Sheet

Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51-£126k
20231.51+£41k
20221.55+£15k
20211.68

Derived from filed accounts. Not audited figures.