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Lake Fabrications Limited

07713548

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

ROYAL SEA BATHING, MARGATE, CT9 5NT
Incorporated 21/07/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Richard William Harriss

director · Since 17/03/2016

MANAGER

BRITISH · ENGLAND · Age 42

Also on 9 other boards

Mr John Robert Harriss

director · Since 01/07/2020

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 44

Also on 17 other boards

Persons with Significant Control

Mr Richard Harriss

25–50% shares

British · England · Age 42

Royal Sea Bathing, Canterbury Road, Margate, CT9 5NT

Notified 29/02/2024

Mr John Robert Harriss

25–50% shares

British · England · Age 44

Royal Sea Bathing, Canterbury Road, Margate, CT9 5NT

Notified 29/02/2024

CompanyRankvs 4754+ SIC 25990 peers
49

Financial strength1th percentile among SIC peers · 0/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.56× · 6/20
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.

Employees13/15 pts

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

Liquidity6/20 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 31/07/2023

Net Worth

-£302k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£306k

Working capital

Current Assets

£394k

Current Liabilities

£701k

Fixed Assets

£4k

Debtors

£376k

14avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities-£302k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20230.56-£359k
20221.21+£28k
20211.72

Derived from filed accounts. Not audited figures.