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Lane7 Ltd

08619451

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

70 VICTORIA ROAD, DARLINGTON, DL1 5JG
Incorporated 22/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Timothy James Wilks

director · Since 22/07/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 46 other boards

Mr David Bence

secretary · Since 18/08/2023

Persons with Significant Control

Lane7 Holdings Limited

75–100% shares
75–100% votes
Appoint directors

70, Victoria Road, Darlington, DL1 5JG

Reg: 16462736 · Enland And Wales Companies House · Private Company Limited By Shares

Notified 10/06/2025

Former PSCs

Mr Timothy Wilks

Ceased 10/06/2025

Mrs Gillian Pamela Wilks

Ceased 10/06/2025

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 06/06/2025Registered 09/06/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 14/12/2023Registered 18/12/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 08/07/2019Registered 10/07/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 02/10/2017Registered 06/10/2017

CompanyRankvs 1254+ SIC 64209 peers
63

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.97× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/10/2024

Net Worth

£14.7M

Balance sheet strength

Cash

£3.9M

Cash in the bank

Net Current Assets

£14.4M

Working capital

Current Assets

£29.3M

Current Liabilities

£14.8M

Fixed Assets

£500k

Debtors

£26.7M

Cost of Sales

£11.7M

Admin Expenses

£14.2M

Profit After Tax

£2.8M

6avg. employees-2016

Tax at Year End

Corp tax£1.1M

People Costs

Wages & salaries£5.8M

Balance Sheet

Intangible assets£177k
Bank loans & overdrafts£6.3M
Assets less current liabilities£22.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.97+£8.7M
20232.54+£2.5M
20221.50+£3.0M
20211.87+£330k
20202.80-£7k
20192.87+£101k
20184.66

Derived from filed accounts. Not audited figures.