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Latham Construction South Wales Limited

08711932

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)
  • Current liabilities exceed current assets (-10)

Details

4 MELVILLE AVENUE, CARDIFF, CF3 5TZ
Incorporated 01/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Mike Latham

director · Since 01/10/2013

BUILDER

BRITISH · WALES · Age 52

Also on 1 other board

Persons with Significant Control

Mr Mike Latham

Significant control

British · Wales · Age 59

4, Melville Avenue, Cardiff, CF3 5TZ

Notified 01/10/2016

CompanyRankvs 38889+ SIC 41202 peers
45

Financial strength5th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.25× · 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 strength1/25 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.

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 31/10/2024

Net Worth

-£52k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£19k

Current Liabilities

£73k

Fixed Assets

£3k

5avg. employees-1

Tax at Year End

VAT£7k

Director Loans

Company owes directors£61k

Balance Sheet

Assets less current liabilities-£52k
Signed by Mr Michael Latham 31 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.25-£18k£131k
20230.32+£23k£3k
20220.20-£25k£113k
20210.57-£6k£58k
20200.56+£31k£83k
20190.06-£10k£83k
20180.08£85k

Derived from filed accounts. Not audited figures.