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Leanpath Ltd

08700613

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

REDFERN LEGAL LLP 7 HENRIETTA STREET, LONDON, WC2E 8PS
Incorporated 20/09/2013

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

Mr Andrew Shakman

director · Since 18/05/2016

PRESIDENT AND CEO

AMERICAN · UNITED STATES · Age 53

Redfern Legal Llp

secretary · Since 19/05/2016

Persons with Significant Control

Mr Andrew Shakman

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

American · United States · Age 53

Redfern Legal Llp, 7 Henrietta Street, London, WC2E 8PS

Notified 06/04/2016

Former PSCs

Stephen Rogers

Ceased 06/04/2016

CompanyRankvs 540+ SIC 26512 peers
35

Financial strength13th percentile among SIC peers · 3/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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540Leanpath Ltd
44
How is this score calculated?
Financial strength3/25 pts

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

Employees12/15 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.

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

financial support provided to Leanpath Ltd could be affected. These conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Nevertheless, the financial statements have been prepared on a going concern basis, as the directors believe that the parent company will continue to support Leanpath Ltd for the forese

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

£159k

Current Liabilities

£2.3M

Debtors

£68k

11avg. employees+1

Balance Sheet

Assets less current liabilities-£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.07
20230.11
20220.11
20210.21
20200.14
20190.25

Derived from filed accounts. Not audited figures.