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Ian Lamb Decorating Limited

08193809

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

FLEXSPACE OFFICE G36 NEWTON AYCLIFFE INCUBATION CENTRE, NEWTON AYCLIFFE, DL5 6XP
Incorporated 29/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Ian Lamb

director · Since 29/08/2012

DECORATOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mrs Jacqueline Lamb

director · Since 10/08/2015

ADMINISTRATOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mrs Jacqueline Lamb

25–50% shares
25–50% votes

British · England · Age 66

Flexspace Office G36, Newton Aycliffe Incubation Centre, Newton Aycliffe, DL5 6XP

Notified 30/06/2016

Mr Ian Lamb

25–50% shares

British · England · Age 56

Flexspace Office G36, Newton Aycliffe Incubation Centre, Newton Aycliffe, DL5 6XP

Notified 01/08/2016

CompanyRankvs 236+ SIC 43341 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.57× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 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.

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.

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

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

tion and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/08/2025

Net Worth

£223k

Balance sheet strength

Cash

£116k

Cash in the bank

Net Current Assets

£236k

Working capital

Current Assets

£327k

Current Liabilities

£92k

Fixed Assets

£23k

Debtors

£189k

15avg. employees-5

Balance Sheet

Assets less current liabilities£259k
Signed by Ian Lamb Jackie Lamb 27/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.57+£4k
20246.37-£7k
20234.71+£35k
20224.48+£80k
20213.66+£29k
20202.49+£7k
20193.57—

Derived from filed accounts. Not audited figures.