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Lgair Limited

10738183

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

SPRINGFIELD HOUSE OAKFIELD ROAD, NEWCASTLE UPON TYNE, NE3 4HS
Incorporated 24/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr John Peter Reece

director · Since 24/04/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 30 other boards

Susan Elizabeth Reece

director · Since 24/04/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

John Flynn

director · Since 21/03/2019

CONSULTANT

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Mr John Peter Reece

25–50% shares
25–50% votes

British · United Kingdom · Age 65

Springfield House, Oakfield Road, Newcastle Upon Tyne, NE3 4HS

Notified 24/04/2017

Susan Elizabeth Reece

25–50% shares
25–50% votes

British · United Kingdom · Age 65

Springfield House, Oakfield Road, Newcastle Upon Tyne, NE3 4HS

Notified 24/04/2017

CompanyRankvs 31239+ SIC 68209 peers
70

Financial strength90th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 381.45× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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.

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

£590k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£590k

Working capital

Current Assets

£592k

Current Liabilities

£2k

Debtors

£561k

0avg. employees

Tax at Year End(2022)

Corp tax£39k

Balance Sheet

Assets less current liabilities£590k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
2025381.45-£2k
2024270.12-£4k
2023267.47-£3k
20225.83+£181k
20210.13+£63k
20200.39+£440k
20180.26

Derived from filed accounts. Not audited figures.