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Lettheadventurebegin Ltd

10508645

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

19 PARK ROAD, LYTHAM ST. ANNES, FY8 1PW
Incorporated 02/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation
55209
Other holiday and short-stay accommodation

Officers

Mrs Leigh-Ann Newburn

director · Since 02/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 3 other boards

Mr Scott George Newburn

director · Since 02/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Persons with Significant Control

Mr Scott George Newburn

25–50% shares

British · United Kingdom · Age 42

19, Park Road, Lytham St. Annes, FY8 1PW

Notified 02/12/2016

Mrs Leigh-Ann Newburn

25–50% shares

British · United Kingdom · Age 37

19, Park Road, Lytham St. Annes, FY8 1PW

Notified 02/12/2016

Charges1 outstanding

Charge
outstanding

CUMBERLAND BUILDING SOCIETY

Created 29/10/2019Registered 31/10/2019

CompanyRankvs 7076+ SIC 55100 peers
36

Financial strength17th percentile among SIC peers · 4/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7076Lettheadventurebegin Ltd
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How is this score calculated?
Financial strength4/25 pts

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

Employees11/15 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 31/03/2025

Net Worth

-£20k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£52k

Current Liabilities

£93k

Fixed Assets

£39k

5avg. employees

Balance Sheet

Assets less current liabilities-£1k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56+£6k
20240.49-£23k
20230.90-£21k
20221.38-£21k
20212.10—
20202.86—
20191.60—

Derived from filed accounts. Not audited figures.