Lb Financial Solutions Limited
07942025
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/06/2024
TAX DIRECTOR
ENGLISH · UNITED KINGDOM · Age 50
Also on 13 other boards
Persons with Significant Control
Affinia Group Holdings Limited
The Octagon, Suit E2, Colchester, CO1 1TG
Reg: 12360697 · Companies House, England And Wales · Private Company Limited By Shares
Notified 10/05/2023
Former PSCs
Mr Andrew James Sewell
Ceased 11/05/2023
Mr Paul Mustoe
Ceased 10/05/2023
CompanyRankvs 503+ SIC 70221 peers71
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/08/2023
Net Worth
£16k
Balance sheet strength
Cash
£21k
Cash in the bank
Profit Before Tax
-£90k
Bottom line earnings
Net Current Assets
£59k
Working capital
Current Assets
£94k
Current Liabilities
£36k
Fixed Assets
£2k
Debtors
£73k
Cost of Sales
£704k
Admin Expenses
£139k
Profit After Tax
-£55k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.64 | -£163k |
| 2022 | 4.03 | +£41k |
| 2021 | 3.46 | +£73k |
| 2020 | 3.06 | +£8k |
| 2019 | 1.71 | — |
Derived from filed accounts. Not audited figures.