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Lightward Limited

09321163

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1A STATION BUILDINGS STATION ROAD, OSWESTRY, SY11 3LX
Incorporated 20/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35110
Production of electricity

Officers

Mr David Edward Ward

director · Since 20/11/2014

FARMER

BRITISH · UNITED KINGDOM · Age 80

Also on 2 other boards

Mr David Kenneth Ward

director · Since 20/11/2014

FARMER

BRITISH · WALES · Age 33

Also on 4 other boards

Persons with Significant Control

Mr David Edward Ward

75–100% shares

British · United Kingdom · Age 80

1a Station Buildings, Station Road, Oswestry, SY11 3LX

Notified 19/11/2016

Charges1 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 09/05/2024Registered 10/05/2024

CompanyRankvs 2289+ SIC 35110 peers
29

Financial strength14th percentile among SIC peers · 4/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/11/2024

Net Worth

-£15k

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£72k

Current Liabilities

£91k

Fixed Assets

£1.5M

Debtors

£11k

2avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Signed by Mr D WARD,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80-£293k
202332.99+£99k
20223.72+£64k
20213.23+£43k
20202.90+£49k
20192.32+£26k
20182.24

Derived from filed accounts. Not audited figures.