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Lightwaverf Ltd

06690180

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1 A COPPICE LANE, WALSALL, WS9 9AA
Incorporated 05/09/2008

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/03/2026

Due 24/03/2027

On track

Industry

70100
Activities of head offices

Officers

Mr Michael Richard Lord

director · Since 29/09/2010

NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 18 other boards

Mr Kevin John Edwards

secretary · Since 05/02/2015

Also on 4 other boards

Mr John Thomas Shermer

director · Since 19/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Mr Kevin John Edwards

director · Since 24/05/2016

CHARTERED ACCOUNTANT

SOUTH AFRICAN · ENGLAND · Age 52

Also on 4 other boards

Mr Steven Allen Harris

director · Since 24/05/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 15 other boards

Mr Jason Gary Elliott

director · Since 02/07/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Charges0 outstanding

Charge
satisfied

FINSTOCK CAPITAL RESEARCH FINANCE LIMITED

Created 01/11/2019Registered 11/11/2019Satisfied 20/02/2020
Charge
satisfied

FINSTOCK CAPITAL LIMITED

Created 06/12/2018Registered 07/12/2018Satisfied 24/05/2019
Charge
satisfied

SANTANDER UK PLC

Created 26/05/2016Registered 27/05/2016Satisfied 07/06/2023

CompanyRankvs 6961+ SIC 70100 peers
46

Financial strength97th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6961Lightwaverf Ltd
56
How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 pts

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

Liquidity0/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company has net assets of £12,823,18 7 for the financial year ended 31 December 2024 (2023: 12,477,344). However, this is underpinned by loans to subsidiaries totaling £13,333,250. Despit

Key FinancialsYear ending 31/12/2024

Net Worth

£12.8M

Balance sheet strength

Cash

£2

Cash in the bank

Net Current Assets

£13.3M

Working capital

Current Assets

—

Current Liabilities

£627k

Debtors

£13.3M

0avg. employees-5

Balance Sheet

Intangible assets£0
Assets less current liabilities£13.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024—+£346k
2023Infinity+£2.2M
2022329.84—

Derived from filed accounts. Not audited figures.