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Lacemarket Limited

08542525

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

550 VALLEY RD, NOTTINGHAM, NG5 1JJ
Incorporated 23/05/2013

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 24/01/2025

Due 07/02/2026

Overdue

Industry

56302
Public houses and bars

Officers

Mr Himesh Kirit Patel

director · Since 04/06/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Mr Liam Robert Sean O'Brien

director · Since 06/01/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Himesh Kirit Patel

Significant control

British · England · Age 46

550, Valley Rd, Nottingham, NG5 1JJ

Notified 23/05/2017

CompanyRankvs 16182+ SIC 56302 peers
37

Financial strength27th percentile among SIC peers · 7/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength7/25 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.

Longevity13/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£19k

Current Liabilities

£51k

Fixed Assets

£58k

Debtors

£19k

Tax at Year End

Corp tax£2k
VAT£2k

Director Loans

Company owes directors£26k
Directors owe company£8k

Balance Sheet

Assets less current liabilities£26k
Signed by Mr H K Patel 21 February 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.37-£85k£34k
20234.19+£58k£34k
20221.16+£71k£33k
20210.87-£59k
20203.09+£1k
20190.85+£1k
20180.68

Derived from filed accounts. Not audited figures.