Latcham Direct Limited
06695717
Healthy
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/01/2015
HUMAN RESOURCES CO-ORDINARTOR
BRITISH · ENGLAND · Age 62
director · Since 02/04/2015
COMMERCIAL MANAGER
BRITISH · ENGLAND · Age 59
Also on 2 other boards
Persons with Significant Control
Mrs Susan Jayne Hughes
British · England · Age 62
Unit 1, Western Drive, Hengrove, BS14 0AF
Notified 06/04/2016
Mr Michael John Hughes
British · England · Age 58
Unit 1, Western Drive, Hengrove, BS14 0AF
Notified 06/04/2016
Charges6 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
MICHAEL HUGHES · JOHN HUGHES
HENGROVE PROPERTY LLP
LLOYDS TSB BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
MICHAEL JOHN HUGHES
BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)
CompanyRankvs 433+ SIC 18129 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£23.2M
Annual revenue
Net Worth
£3.2M
Balance sheet strength
Cash
£2.3M
Cash in the bank
Profit Before Tax
£1.3M
Bottom line earnings
Net Current Assets
£1.6M
Working capital
Current Assets
£5.1M
Current Liabilities
£3.5M
Fixed Assets
£3.2M
Debtors
£2.6M
Cost of Sales
£16.9M
Gross Profit
£6.3M
Admin Expenses
£4.9M
Operating Profit
£1.5M
Profit After Tax
£1.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.46 | +£645k |
| 2023 | 1.30 | +£433k |
| 2022 | 1.21 | -£16k |
| 2021 | 1.25 | +£432k |
| 2020 | 1.17 | +£17k |
| 2019 | 0.96 | -£63k |
| 2018 | 1.14 | — |
Derived from filed accounts. Not audited figures.