Light Bytes Technology Ltd.
10794238
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 29/05/2025
Due 12/06/2026
Industry
Officers
director · Since 30/05/2017
SOFTWARE DEVELOPMENT CONSULTANT
BRITISH · UNITED KINGDOM · Age 38
Persons with Significant Control
Dr Liam Matthew Deacon
British · United Kingdom · Age 38
Bayside Business Centre, Unit 1 Sovereign Business Park, Poole, BH15 3TB
Notified 30/05/2017
CompanyRankvs 33476+ SIC 62020 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/05/2025
Net Worth
£34k
Balance sheet strength
Cash
£38k
Cash in the bank
Net Current Assets
£34k
Working capital
Current Assets
£39k
Current Liabilities
£5k
Debtors
£463
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 8.37 | +£0 |
| 2025 | 8.37 | -£3k |
| 2024 | 9.73 | -£9k |
| 2023 | 4.80 | -£7k |
| 2022 | 7.89 | -£7k |
| 2021 | 15.74 | -£10k |
| 2020 | 4.09 | +£15k |
| 2019 | 3.67 | +£30k |
| 2018 | 2.78 | — |
Derived from filed accounts. Not audited figures.