Lyme Bay Auctions Ltd
08559408
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
30/06/2025
micro entity
Next accounts due
28/03/2027
Confirmation statement
Last: 05/06/2026
Due 19/06/2027
Industry
Officers
director · Since 06/06/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 2 other boards
Former
director · Resigned 13/06/2014
director · Resigned 27/08/2025
Persons with Significant Control
Mr Simon Watson
British · United Kingdom · Age 56
Middle Chattan, Woodbury Lane, Axminster, EX13 5TL
Notified 06/06/2017
Mrs Susanna Watson
British · United Kingdom · Age 51
Middle Chattan, Woodbury Lane, Axminster, EX13 5TL
Notified 06/06/2025
Former PSCs
Mrs Emma Victoria Ballin
Ceased 27/08/2025
Mr Harry David Ballin
Ceased 27/08/2025
Change History
Active
Private Limited Company
1 HAREPATH ROAD
SEATON
CompanyRankvs 5059+ SIC 46190 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Net Worth
-£27k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£29k
Working capital
Current Assets
£32k
Current Liabilities
£60k
Fixed Assets
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.52 | -£2k |
| 2024 | 0.57 | +£11k |
| 2023 | 0.24 | — |
Derived from filed accounts. Not audited figures.