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Lake Avenue Limited

09661047

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

108 SANDFORD ROAD, CHELMSFORD, CM2 6DH
Incorporated 29/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Mahesh Shiyo Odedra

director · Since 29/06/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Mahesh Shiyo Odedra

25–50% shares

British · United Kingdom · Age 45

4-5, South Parade, Bury St. Edmunds, IP32 6HZ

Notified 06/04/2016

Mrs Arti Odedra

25–50% shares

British · United Kingdom · Age 43

4-5, South Parade, Bury St. Edmunds, IP32 6HZ

Notified 06/04/2016

CompanyRankvs 720+ SIC 47110 peers
82

Financial strength84th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.06× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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720Lake Avenue Limited
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How is this score calculated?
Financial strength21/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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

£68k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£78k

Working capital

Current Assets

£103k

Current Liabilities

£25k

Fixed Assets

£114k

18avg. employees+4

Balance Sheet

Assets less current liabilities£192k
Signed by Mr Mahesh Odedra 20 July 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.06-£11k
20247.14+£78k
20231.61—

Derived from filed accounts. Not audited figures.