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Laser 24 Limited

06456383

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

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

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/03/2026

Due 23/03/2027

On track

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

Also on 2 other boards

Mrs Joanna Ina Summerfield

director · Since 15/07/2020

DIRECTOR

BRITISH · ENGLAND

Also on 2 other boards

Persons with Significant Control

Iain Edward Summerfield

75–100% shares
75–100% votes

British · United Kingdom

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 103+ SIC 25500 peers
62

Financial strength69th percentile among SIC peers · 17/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.31× · 12/20
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 strength17/25 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.

Liquidity12/20 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 31/12/2025

Net Worth

£309k

Balance sheet strength

Cash

£703k

Cash in the bank

Net Current Assets

£770k

Working capital

Current Assets

£3.3M

Current Liabilities

£2.5M

Fixed Assets

£840k

Debtors

£2.2M

28avg. employees+1

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.31-£336k
20241.51-£126k
20231.51—

Derived from filed accounts. Not audited figures.