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Ltl (Europe) Ltd

06989344

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

9-11 VITTORIA STREET, BIRMINGHAM, B1 3ND
Incorporated 12/08/2009

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/08/2025

Due 25/08/2026

On track

Industry

43390
Other building completion and finishing

Officers

Mr Louis Stephen Meredith

director · Since 12/08/2009

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Louis Stephen Meredith

75–100% shares

British · United Kingdom · Age 54

9-11, Vittoria Street, Birmingham, B1 3ND

Notified 06/04/2016

CompanyRankvs 29003+ SIC 43390 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

-£149k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£184k

Working capital

Current Assets

£170k

Current Liabilities

£354k

Fixed Assets

£186k

Debtors

£128k

2avg. employees

Tax at Year End(2021)

Corp tax£14k

Balance Sheet

Assets less current liabilities£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£110k
20230.76-£43k
20220.94+£6k
20210.91+£4k
20200.85
20190.86
20180.86

Derived from filed accounts. Not audited figures.