Lake Avenue Limited
09661047
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/06/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
Persons with Significant Control
Mr Mahesh Shiyo Odedra
British · United Kingdom · Age 45
4-5, South Parade, Bury St. Edmunds, IP32 6HZ
Notified 06/04/2016
Mrs Arti Odedra
British · United Kingdom · Age 43
4-5, South Parade, Bury St. Edmunds, IP32 6HZ
Notified 06/04/2016
CompanyRankvs 845+ SIC 47110 peers82
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£79k
Balance sheet strength
Cash
£22k
Cash in the bank
Net Current Assets
£97k
Working capital
Current Assets
£113k
Current Liabilities
£16k
Fixed Assets
£122k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.14 | +£78k |
| 2023 | 1.61 | +£67 |
| 2022 | 1.68 | — |
| 2021 | 1.22 | — |
| 2020 | 0.98 | — |
| 2019 | 4.58 | — |
| 2018 | 1.29 | — |
Derived from filed accounts. Not audited figures.