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Lime Auction House Ltd

10384256

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

140 FARMILO ROAD, WALTHAMSTOW, E17 8JR
Incorporated 20/09/2016

Compliance

Last accounts

29/09/2024

total exemption full

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 06/04/2026

Due 20/04/2027

On track

Industry

68100
Buying and selling of own real estate
68310
Real estate agencies

Officers

Mr Rakesh Patel

director · Since 20/09/2016

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Rakesh Patel

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

British · United Kingdom · Age 52

Kemp House 152-160, Capital Office, City Road, London, EC1V 2NX

Notified 20/09/2016

CompanyRankvs 108774+ SIC 68100 peers
28

Financial strength7th percentile among SIC peers · 2/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees9/15 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 29/09/2025

Net Worth

-£47k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£6k

Current Liabilities

£41k

Fixed Assets

£968

Debtors

£2k

1avg. employees

Balance Sheet

Assets less current liabilities-£35k
Signed by Mr R Patel,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14-£22k
20240.66+£16k
20230.40

Derived from filed accounts. Not audited figures.