Lightning Commercial Finance Limited
11376387
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/05/2018
PRIVATE INVESTOR
ENGLISH · ENGLAND · Age 63
Also on 5 other boards
Persons with Significant Control
Mr Martin Edward Young
British · England · Age 63
114, St. Martin's Lane, London, WC2N 4BE
Notified 22/05/2018
CompanyRankvs 1396+ SIC 64929 peers31
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£2.0M
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£4.0M
Current Liabilities
£6.1M
Debtors
£4.0M
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.66 | +£11k |
| 2023 | 0.64 | -£539k |
| 2022 | 0.74 | +£54k |
| 2021 | 0.72 | -£1.6M |
| 2020 | 1.00 | — |
Derived from filed accounts. Not audited figures.