Labtrac Solutions Limited
07702790
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/08/2018
DIRECTOR
IRISH · UNITED KINGDOM · Age 60
Also on 2 other boards
Persons with Significant Control
Mr Damian Otway
British · England · Age 51
12, Greenwood Street, Altrincham, WA14 1RZ
Notified 06/04/2016
Mr Dermot James Joyce
Irish · United Kingdom · Age 60
Alpha House, 4 Greek Street, Stockport, SK3 8AB
Notified 06/08/2018
Former PSCs
Mr Keith Knowles
Ceased 06/08/2018
CompanyRankvs 5245+ SIC 62012 peers77
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£592k
Balance sheet strength
Cash
£55k
Cash in the bank
Net Current Assets
£590k
Working capital
Current Assets
£683k
Current Liabilities
£93k
Fixed Assets
£10k
Debtors
£628k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.32 | +£178k |
| 2024 | 4.49 | +£109k |
| 2023 | 3.30 | +£168k |
| 2022 | 2.89 | +£55k |
| 2021 | 2.23 | — |
| 2020 | 1.12 | — |
Derived from filed accounts. Not audited figures.