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Lait Legal Limited

10276931

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)
  • Current liabilities exceed current assets (-10)

Details

250 LINEN HALL, LONDON, W1B 5TB
Incorporated 13/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
69109
Activities of patent and copyright agents; other legal activities

Officers

Mr Paramasamy Somasuntharam

director · Since 13/07/2016

C E O

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Mr Muthiah Govendaraj Srikanthan

director · Since 13/07/2021

HEAD OF STRATEGY

SRI LANKAN · ENGLAND · Age 65

Mr Thiagarajah Thavakumaran

director · Since 13/07/2021

C F O

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Paramasamy Somasuntharam

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

British · United Kingdom · Age 64

359a, Hanworth Road, Hounslow, TW3 3SQ

Notified 13/07/2016

CompanyRankvs 43750+ SIC 62012 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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43750Lait Legal Limited
33
How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£132k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£882

Working capital

Current Assets

£5k

Current Liabilities

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£882
Signed by Mr Paramasamy Somasuntharam 10/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.85-£2k
20240.24-£2k
20230.59-£35k
20220.02-£24k
20210.07-£25k
20200.09-£48k
2019-0.75—

Derived from filed accounts. Not audited figures.