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Lounge Design Ltd

06684114

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

16-17 TRENT LODGE, CIRENCESTER, GL7 6JN
Incorporated 29/08/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Qing Lin

secretary · Since 29/08/2008

BRITISH · UNITED KINGDOM · Age 51

Also on 7 other boards

Mrs Qing Lin

director · Since 29/08/2008

HOUSEWIFE

BRITISH · ENGLAND · Age 51

Also on 7 other boards

Mr Adam Barry Vines

director · Since 09/12/2010

PROPOSED DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mrs Qing Lin

25–50% shares

British · England · Age 51

16-17 Trent Lodge, Stroud Road, Cirencester, GL7 6JN

Notified 30/07/2016

Mr Adam Barry Vines

25–50% shares

British · England · Age 52

16-17 Trent Lodge, Stroud Road, Cirencester, GL7 6JN

Notified 30/07/2016

CompanyRankvs 22077+ SIC 82990 peers
73

Financial strength73th percentile among SIC peers · 18/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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22077Lounge Design Ltd
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How is this score calculated?
Financial strength18/25 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£29k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£71k

Current Liabilities

£69k

Fixed Assets

£27k

3avg. employees-1

Balance Sheet

Assets less current liabilities£29k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03+£1k
20231.28-£26k
20221.73-£22k
20212.12+£10k
20206.65-£7k
20196.11+£28k
20183.49—

Derived from filed accounts. Not audited figures.