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Lake Road Developments Ltd

10569776

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

FALCON CONSTRUCTION LIMITED THE MALTINGS, CARDIFF, CF24 5EA
Incorporated 18/01/2017

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 23/08/2025

Due 06/09/2026

On track

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Richard Sean Baker

director · Since 18/01/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 4 other boards

Mr Rhodri Frank Meredith

director · Since 18/01/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 5 other boards

Persons with Significant Control

Mr Rhodri Frank Meredith

25–50% shares
25–50% votes
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 43

Falcon Construction Limited, The Maltings, Cardiff, CF24 5EA

Notified 18/01/2017

Mr Richard Sean Baker

25–50% shares
25–50% votes
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 38

Falcon Construction Limited, The Maltings, Cardiff, CF24 5EA

Notified 18/01/2017

Charges8 outstanding

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outstanding

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CompanyRankvs 6570+ SIC 41100 peers
67

Financial strength88th percentile among SIC peers · 22/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.76× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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6570Lake Road Developments Ltd
76
How is this score calculated?
Financial strength22/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 31/01/2025

Net Worth

£365k

Balance sheet strength

Cash

£101k

Cash in the bank

Net Current Assets

£75k

Working capital

Current Assets

£102k

Current Liabilities

£27k

Debtors

£720

2avg. employees

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.76+£54k
20241.80+£44k
202324.97—

Derived from filed accounts. Not audited figures.