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Lake Developments (Weymouth) Limited

09320506

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

58 LEAMINGTON ROAD, WEYMOUTH, DT4 0HA
Incorporated 20/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr John Nicholas Hawkins

director · Since 20/11/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 6 other boards

Mr Stephen Highfield

director · Since 20/11/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 4 other boards

Charges1 outstanding

Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/11/2018Registered 23/07/2019Satisfied 07/01/2020
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/11/2018Registered 05/12/2018Satisfied 07/01/2020
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/11/2018Registered 19/11/2018
Charge
satisfied

AMICUS FINANCE PLC

Created 27/10/2017Registered 30/10/2017Satisfied 05/11/2018
Charge
satisfied

AMICUS FINANCE PLC

Created 18/11/2015Registered 19/11/2015Satisfied 01/07/2017

CompanyRankvs 46799+ SIC 41202 peers
29

Financial strength2th percentile among SIC peers · 1/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

-£161k

Balance sheet strength

Cash

£225

Cash in the bank

Net Current Assets

-£161k

Working capital

Current Assets

£39k

Current Liabilities

£201k

Debtors

£4k

2avg. employees

Tax at Year End(2022)

Corp tax£3k

Balance Sheet

Assets less current liabilities-£161k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20-£34k
2023-£2k
2022-£47k
2021-£46k
20202.78-£13k
20194.80-£23k
20187.77

Derived from filed accounts. Not audited figures.