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Lawon Bak Limited

10240759

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

43 MAPLESTEAD, BASILDON, SS14 2SX
Incorporated 20/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Wasiu Okonlawon Bakare

director · Since 20/06/2016

SAFETY ENGINEER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Wasiu Okonlawon Bakare

75–100% shares

British · England · Age 56

43, Maplestead, Basildon, SS14 2SX

Notified 06/04/2017

CompanyRankvs 21604+ SIC 71129 peers
31

Financial strength6th percentile among SIC peers · 2/25
Employees28th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

-£10k

Balance sheet strength

Cash

£5

Cash in the bank

Net Current Assets

£5

Working capital

Current Assets

£5

Current Liabilities

Fixed Assets

£308

1avg. employees

Director Loans

Company owes directors£3k

Balance Sheet

Assets less current liabilities£313
Signed by Mr Wasiu Bakare 21/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearImplied Profit
2025+£0
2025-£704
2024+£1k

Derived from filed accounts. Not audited figures.