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Lawbit Limited

08066586

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

3 FIELD COURT, LONDON, WC1R 5EF
Incorporated 11/05/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Clive Daniel Rich

director · Since 11/05/2012

LAWYER

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Joanna Rich

secretary · Since 02/08/2013

BRITISH

Mrs Joanna Edith Mary Rich

director · Since 04/01/2019

NONE

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Persons with Significant Control

Mrs Joanna Edith Mary Rich

25–50% shares
25–50% votes

British · United Kingdom · Age 67

39, Long Acre, London, WC2E 9LG

Notified 06/04/2016

Mr Clive Daniel Rich

25–50% shares
25–50% votes

British · United Kingdom · Age 66

39, Long Acre, London, WC2E 9LG

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

THE TRADE CREDIT COMPANY LIMITED

Created 29/08/2023Registered 19/09/2023
Charge
outstanding

THE TRADE CREDIT COMPANY LIMITED

Created 29/08/2023Registered 13/09/2023
Charge
outstanding

ADG CORPORATE LTD

Created 09/08/2019Registered 28/08/2019
Charge
outstanding

ADG CORPORATE LTD

Created 09/08/2019Registered 28/08/2019
Charge
outstanding

THE DEPARTMENT FOR ENTERPRISE

Created 05/01/2018Registered 10/01/2018
Charge
satisfied

CLIVE RICH AS TRUSTEE OF THE LAWBITE PENSION SCHEME · MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF LAWBITE PENSION SCHEME

Created 22/10/2014Registered 27/10/2014Satisfied 30/08/2023

CompanyRankvs 15+ SIC 62012 peers
21

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.21× · 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.

Employees0/15 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 31/05/2022

Net Worth

£620k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£510k

Working capital

Current Assets

£510k

Current Liabilities

£2.4M

Fixed Assets

£4.0M

Debtors

£470k

26avg. employees-5

Tax at Year End(2019)

Corp tax£36

Balance Sheet

Intangible assets£4.0M
Assets less current liabilities£4.5M
Signed by 2021-06-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20220.21-£587k
20210.39+£2.2M
20200.57-£730k
20191.57-£272k
20180.93—

Derived from filed accounts. Not audited figures.