Luminance Technologies Ltd
09857705
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/09/2016
LAWYER
AMERICAN · UNITED KINGDOM · Age 56
Also on 6 other boards
director · Since 07/02/2022
PARTNER AT INVOKE CAPITAL
BRITISH · UNITED KINGDOM · Age 37
Also on 1 other board
secretary · Since 02/08/2022
Persons with Significant Control
Ms Angela Bacares
British · United Kingdom · Age 59
5th Floor, 20 Station Road, Cambridge, CB1 2JD
Notified 17/04/2023
Former PSCs
Icp London Limited
Ceased 04/04/2020
Luminance Holding Limited
Ceased 11/03/2024
Charges0 outstanding
SILICON VALLEY BANK UK LIMITED
CompanyRankvs 4759+ SIC 62012 peers68
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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.
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
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c
Key FinancialsYear ending 31/12/2023
Net Worth
£2.3M
Balance sheet strength
Cash
£3.1M
Cash in the bank
Net Current Assets
£2.2M
Working capital
Current Assets
£8.5M
Current Liabilities
£6.3M
Fixed Assets
£253k
Debtors
£5.4M
Profit After Tax
-£8.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.35 | +£15.4M |
| 2022 | 2.11 | — |
Derived from filed accounts. Not audited figures.