Back to search

Version 2 Lights Limited

10120396

active
Private Limited Company
england wales
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

THE OLD GRAIN STORE, READING, RG8 8QT
Incorporated 12/04/2016

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/04/2026

Due 14/05/2027

On track

Industry

77291
Renting and leasing of media entertainment equipment

Officers

Mr Nicholas Anthony Edwards

director · Since 12/04/2016

MANAGING DIRECTOR

BRITISH · ENGLAND

Ms Nicola Jane Rowe

director · Since 14/09/2020

ACCOUNTANT

BRITISH · ENGLAND

Also on 1 other board

Graham Baskeyfield

secretary · Since 01/12/2023

Persons with Significant Control

Mr Nicholas Anthony Edwards

50–75% shares
50–75% votes

British · England

Notified 20/04/2016

Glengrace Ltd

25–50% shares
25–50% votes

Reg: 10162419 · Companies House · Private Limited Company

Notified 14/09/2020

Charges3 outstanding

A registered charge
outstanding

PARAGON BUSINESS FINANCE PLC

Created 05/10/2026Registered 07/10/2026
A registered charge
satisfied

ALDERMORE BANK PLC

Created 23/08/2022Registered 31/07/2026Satisfied 31/07/2026
A registered charge
satisfied

LLOYDS BANK PLC

Created 02/06/2020Registered 02/07/2026Satisfied 02/07/2026
Charge
outstanding

ALDERMORE BANK PLC

Created 23/08/2022Registered 23/08/2022
Charge
outstanding

LLOYDS BANK PLC

Created 02/06/2020Registered 09/06/2020

CompanyRankvs 287+ SIC 77291 peers
56

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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 31/03/2026

Net Worth

£1.7M

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£489k

Working capital

Current Assets

£162k

Current Liabilities

£651k

Fixed Assets

£2.5M

Debtors

£142k

11avg. employees

Balance Sheet

Bank loans & overdrafts£90k
Assets less current liabilities£2.0M
Signed by 10120396 2025-04-01 2026-03-31 10120396 2026-03-31 10120396 core:RetainedEarningsAccumulatedLosses 2026-03-31 10120396 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20260.25

Derived from filed accounts. Not audited figures.