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Lane7 Durham Ltd

10955005

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

70 VICTORIA ROAD, DARLINGTON, DL1 5JG
Incorporated 11/09/2017

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 14/01/2026

Due 28/01/2027

On track

Industry

93290
Other amusement and recreation activities

Officers

Mr Timothy James Wilks

director · Since 11/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 46 other boards

Mr David Bence

secretary · Since 25/09/2023

Persons with Significant Control

Gutterball Ltd

75–100% shares
75–100% votes
Appoint directors

70, Victoria Road, Darlington, DL1 5JG

Reg: 13299356 · Registrar Of Companies For England And Wales · Private Company Limited By Shares

Notified 29/10/2024

Former PSCs

Lane7 Ltd

Ceased 06/04/2020

Mr Timothy James Wilks

Ceased 29/10/2024

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 06/06/2025Registered 09/06/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 14/12/2023Registered 18/12/2023

CompanyRankvs 4237+ SIC 93290 peers
56

Financial strength97th percentile among SIC peers · 24/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 pts

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

Liquidity16/20 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 31/10/2024

Net Worth

£1.3M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£924k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.6M

Fixed Assets

£480k

Debtors

£2.5M

Admin Expenses

£2.6M

0avg. employees

Tax at Year End

Corp tax£169k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.59+£343k
20231.58+£464k
20220.96+£514k
20210.22

Derived from filed accounts. Not audited figures.