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Latham Construction South Wales Limited

08711932

active
Private Limited Company
wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

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

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

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 38260+ SIC 41202 peers
45

Financial strength5th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.33× · 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 31/10/2025

Net Worth

-£45k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£24k

Current Liabilities

£71k

Fixed Assets

£2k

5avg. employees

Tax at Year End

VAT£8k

Director Loans

Company owes directors£60k

Balance Sheet

Assets less current liabilities-£45k
Signed by Mr Michael Latham 10 July 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.33+£6k£162k
20240.25-£18k£131k
20230.32£3k

Derived from filed accounts. Not audited figures.