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N & L Seals Limited

08313241

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

WISTON HOUSE, WORTHING, BN14 7QL
Incorporated 29/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28960
Manufacture of plastics and rubber machinery

Officers

Mrs Lynn Carol Hall

director · Since 28/03/2013

ADMINISTRATION MANAGER

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Nigel Paul Towell

25–50% votes

British · United Kingdom · Age 61

Wiston House, 1 Wiston Avenue, Worthing, BN14 7QL

Notified 29/11/2016

Mrs Lynn Carol Hall

25–50% votes

British · United Kingdom · Age 58

Wiston House, 1 Wiston Avenue, Worthing, BN14 7QL

Notified 29/11/2016

CompanyRankvs 97+ SIC 28960 peers
35

Financial strength5th percentile among SIC peers · 1/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.52× · 6/20
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 strength1/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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

assessment. Based on these assessments and having regard to the resources available, the director has concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in the financial statements. Page 3 N & L Seals Limited Notes to the Unaudited Financial Statements for the year ended 31 December 2024 Revenue recognition Turnover comprises the fair

Key FinancialsYear ending 31/12/2024

Net Worth

-£62k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£61k

Current Liabilities

£118k

Fixed Assets

£561

Debtors

£36k

2avg. employees

Balance Sheet

Bank loans & overdrafts£1k
Assets less current liabilities-£56k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.52-£24k
20230.67—

Derived from filed accounts. Not audited figures.