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Five Lamps Trading Ltd

08029251

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

COMMUNITY RESOURCE CENTRE, THORNABY, TS17 7DJ
Incorporated 13/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64921
64921
68209
Other letting and operating of own or leased real estate

Officers

Mr Trevor George Watson

director · Since 01/04/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 1 other board

Mr Lars Hagelmann

director · Since 01/08/2018

COMPANY DIRECTOR

GERMAN · ENGLAND · Age 54

Also on 5 other boards

Persons with Significant Control

The Five Lamps Organisation Ltd

75–100% shares

Eldon Street, Eldon Street, Stockton-On-Tees, TS17 7DJ

Reg: 2441319 · Companies House Cardiff · Company Limited By Guarantee

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BIG ISSUE SOCIAL INVESTMENTS LIMITED

Created 03/07/2018Registered 16/07/2018
Charge
satisfied

UNITED TRUST BANK PLC

Created 28/11/2016Registered 15/12/2016Satisfied 20/09/2017

CompanyRankvs 473+ SIC 64921 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

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 30/09/2024

Net Worth

-£6.7M

Balance sheet strength

Cash

£266k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£298k

Current Liabilities

£2.0M

Fixed Assets

£238k

Debtors

£32k

15avg. employees-3

Balance Sheet

Bank loans & overdrafts£500k
Assets less current liabilities-£1.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15-£698k
20230.08

Derived from filed accounts. Not audited figures.