Lightmile Consulting Ltd
07456719
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Salman Shahid
Pakistani · England · Age 49
Unit 8 Dock Offices, Surrey Quays Road, London, SE16 2XU
Notified 01/12/2016
CompanyRankvs 132564+ SIC 70229 peers29
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
1 (2024: 1) 1 1 3. Going Conern Basis The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate. For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 r
Key FinancialsYear ending 31/12/2025
Net Worth
-£45k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£41k
Working capital
Current Assets
£248
Current Liabilities
£41k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£885 |
| 2024 | 0.05 | -£5k |
| 2023 | 0.01 | -£14k |
| 2022 | 0.02 | -£14k |
| 2021 | 12.99 | — |
Derived from filed accounts. Not audited figures.