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Laureate Machinery Limited

10312720

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7 HOLYROOD AVENUE, CO DURHAM, DL3 8AZ
Incorporated 04/08/2016

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

30/05/2027

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

96090
Other personal service activities

Officers

Mr. George Andrew Fotheringham

director · Since 04/08/2016

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 69

Also on 53 other boards

Persons with Significant Control

Mr. George Andrew Fotheringham

75–100% shares
75–100% votes

British · England · Age 69

7, Holyrood Avenue, Co Durham, DL3 8AZ

Notified 04/08/2016

Charges1 outstanding

Charge
outstanding

DAVENHAM ASSET FINANCE LIMITED

Created 02/10/2020Registered 06/10/2020
Charge
satisfied

CAMBMAC ENGINEERING LIMITED

Created 08/09/2016Registered 14/09/2016Satisfied 19/06/2018
Charge
satisfied

CHESTERTON LIGHT ENGINEERING LIMITED

Created 08/09/2016Registered 14/09/2016Satisfied 19/06/2018

CompanyRankvs 51389+ SIC 96090 peers
45

Financial strength72th percentile among SIC peers · 18/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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51389Laureate Machinery Limited
50
How is this score calculated?
Financial strength18/25 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.

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 31/08/2024

Net Worth

£14k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£552k

Current Liabilities

£590k

Fixed Assets

£59k

1avg. employees

Balance Sheet

Assets less current liabilities£21k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£350
20230.90+£5k
20220.63+£2k
20210.65+£2k
20200.51+£208
20190.74+£2k
20180.48—

Derived from filed accounts. Not audited figures.