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The Lombard Method Ltd

07766874

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)

Details

68A LOMBARD STREET, BIRMINGHAM, B12 0QR
Incorporated 08/09/2011

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 16/06/2025

Due 30/06/2026

On track

Industry

90040
Operation of arts facilities

Officers

Mr Joseph James Welden

director · Since 10/07/2023

ARTIST WOODWORKER

BRITISH · ENGLAND · Age 38

Mr Jonathan Scott Elliott

director · Since 07/11/2023

ENGINEER

BRITISH · SCOTLAND · Age 55

Persons with Significant Control

Mr Joseph James Welden

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 38

68a, Lombard Street, Birmingham, B12 0QR

Notified 27/11/2023

Former PSCs

Ms Sarah Michelle Farmer

Ceased 27/11/2023

Ms Joanne Louise Masding

Ceased 09/09/2017

Mr Joseph James Welden

Ceased 03/03/2021

CompanyRankvs 1858+ SIC 90040 peers
66

Financial strength57th percentile among SIC peers · 14/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
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 strength14/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 30/09/2024

Net Worth

£2k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£637

Bottom line earnings

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£0

Debtors

£0

Gross Profit

£20k

Admin Expenses

£21k

Operating Profit

-£637

Profit After Tax

-£637

0avg. employees

Balance Sheet

Assets less current liabilities£2k
Signed by 1.10.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024Infinity-£876
2023Infinity+£157
2022-£2k
2021+£3k
20209.87
20191.78
20180.43

Derived from filed accounts. Not audited figures.