Lex Machinery Limited
07575104
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/10/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 70
Also on 3 other boards
Persons with Significant Control
Mr Michael Tuvey
British · England · Age 70
2, Tiptree Close, Reading, RG6 4HS
Notified 17/12/2021
Former PSCs
Mr Philip Angel
Ceased 18/12/2021
Charges1 outstanding
TIPTREE BUSINESS SERVICES LIMITED
CompanyRankvs 17389+ SIC 46900 peers25
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2023
Net Worth
-£140k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£135k
Working capital
Current Assets
—
Current Liabilities
£135k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | — | -£142k |
| 2022 | 1.49 | -£16k |
| 2021 | 2.38 | +£32 |
| 2020 | 1.26 | +£10 |
| 2019 | 1.10 | — |
Derived from filed accounts. Not audited figures.