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Lgn Innovations Limited

11652253

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

IRISH SQUARE, ST ASAPH, LL17 0RN
Incorporated 31/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Mr Daniel Robert Warner

director · Since 10/08/2019

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 38

Mr Jocelyn Frank Trehern

director · Since 13/08/2019

CHAIRMAN

BRITISH · SCOTLAND · Age 66

Persons with Significant Control

Lgn Innovations, Inc.

75–100% shares
75–100% votes

C/O Corporation Service Company, 251 Little Falls Drive, Wilmington

Reg: 7887711 · Division Of Corporations, Delaware · Legal Corporation

Notified 12/11/2020

Former PSCs

Mr Vladimir Ceperic

Ceased 31/10/2019

Mr Daniel Robert Warner

Ceased 31/10/2019

CompanyRankvs 929+ SIC 26110 peers
34

Financial strength1th percentile among SIC peers · 0/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/10/2023

Net Worth

-£845k

Balance sheet strength

Cash

£266k

Cash in the bank

Net Current Assets

-£901k

Working capital

Current Assets

£323k

Current Liabilities

£1.2M

Fixed Assets

£58k

Debtors

£57k

2avg. employees

Balance Sheet

Intangible assets£45k
Assets less current liabilities-£843k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.26

Derived from filed accounts. Not audited figures.