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Lace Street Capital Limited

09919337

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1ST FLOOR OLYMPUS HOUSE, GLOUCESTER, GL2 4NF
Incorporated 16/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

Mr Ajith Jayaprakash Jayawickrema

director · Since 16/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Persons with Significant Control

Mr Ajith Jayaprakash Jayawickrema

75–100% shares
75–100% votes
Appoint directors

British · England · Age 63

7 Southfield Road, Westbury-On-Trym, Bristol, BS9 3BG

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 25/11/2022Registered 28/11/2022
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 29/06/2017Registered 12/07/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 29/06/2017Registered 12/07/2017

CompanyRankvs 40820+ SIC 41100 peers
39

Financial strength84th percentile among SIC peers · 21/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees0/15 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.

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.

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 31/12/2024

Net Worth

£206k

Balance sheet strength

Cash

£159k

Cash in the bank

Net Current Assets

-£2.8M

Working capital

Current Assets

£238k

Current Liabilities

£3.1M

Fixed Assets

£4.9M

Debtors

£79k

Tax at Year End(2023)

VAT£2k

Director Loans

Company owes directors£2.1M

Balance Sheet

Assets less current liabilities£2.1M
Signed by Mr Ajith Jayawickrema 25/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.08-£136k
20230.16-£130k£38k
20220.28+£1k£38k
20210.04+£12k
20200.20+£432k
20190.27-£41k
20180.29

Derived from filed accounts. Not audited figures.