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Lake Road Developments Ltd

10569776

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 37

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 37

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

Notified 18/01/2017

Charges8 outstanding

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CompanyRankvs 6568+ SIC 41100 peers
66

Financial strength88th percentile among SIC peers · 22/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.76× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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6568Lake 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.

Longevity9/15 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+£53k
2022—+£123k

Derived from filed accounts. Not audited figures.