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Lab Trade Ltd

10195118

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

31 BRACKENDALE DRIVE, RUGBY, CV23 8TJ
Incorporated 23/05/2016

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

25/05/2026

On track

Confirmation statement

Last: 08/02/2026

Due 22/02/2027

On track

Industry

53202
Unlicensed carriers

Officers

Mr Alexandru Borzasi

director · Since 29/09/2016

ENGINEER

ROMANIAN · ENGLAND · Age 63

Mr Alexandru Bar

director · Since 29/12/2023

RESEARCH ASSOCIATE

ROMANIAN · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Alexandru Borzasi

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

Romanian · England · Age 63

31, Brackendale Drive, Rugby, CV23 8TJ

Notified 23/05/2016

Former PSCs

Mr Bela Ambrus

Ceased 25/09/2017

Charges1 outstanding

Charge
outstanding

APOLLO BUSINESS FINANCE LTD

Created 08/10/2019Registered 09/10/2019
Charge
satisfied

ULTIMATE FINANCE LTD

Created 27/06/2018Registered 28/06/2018Satisfied 11/11/2019
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 17/05/2017Registered 18/05/2017Satisfied 11/11/2019

CompanyRankvs 4382+ SIC 53202 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 pts

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

Longevity10/15 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 31/05/2024

Net Worth

-£110k

Balance sheet strength

Cash

£357

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£88k

Current Liabilities

£175k

Fixed Assets

£190

Debtors

£88k

6avg. employees+1

Tax at Year End(2019)

Corp tax£510
Dividends paid£2k

Balance Sheet

Assets less current liabilities-£87k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.50-£60k
20230.83-£38k
20221.13
20210.96
20200.38
20191.05
20181.09

Derived from filed accounts. Not audited figures.