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Lusstech Limited

09042909

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

THE OLD STABLES OFFICE MOUNT PLEASANT, NORTHALLERTON, DL7 0QZ
Incorporated 16/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr David Lussey

director · Since 16/05/2014

DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 4 other boards

Susan Lussey

secretary · Since 31/03/2023

Mrs Josephine Charnley

director · Since 31/03/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr David Lussey

75–100% shares

British · England · Age 80

The Old Stables Office, Mount Pleasant, Northallerton, DL7 0QZ

Notified 30/06/2016

CompanyRankvs 35697+ SIC 74909 peers
36

Financial strength17th percentile among SIC peers · 4/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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35697Lusstech Limited
46
How is this score calculated?
Financial strength4/25 pts

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

Employees13/15 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.

Longevity12/15 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

. The financial statements have been prepared under the historical cost convention. In light of the net liabilities at the year end, the directors have reviewed the company's ability to continue as a going concern. In performing the review the directors have taken into account current and future sources of income in the context of the company's stage in its business plan. The company is primarily

Key FinancialsYear ending 28/02/2025

Net Worth

£1

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£313k

Working capital

Current Assets

£39k

Current Liabilities

£352k

Fixed Assets

£475

Debtors

£15k

3avg. employees

Balance Sheet

Assets less current liabilities-£313k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.11
20240.16
20230.25

Derived from filed accounts. Not audited figures.