Lit Summits Limited
11816818
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/02/2019
DIRECTOR
SPANISH · NETHERLANDS · Age 60
Also on 1 other board
Persons with Significant Control
Ms Marcela Benito Ballesteros
Spanish · Netherlands · Age 60
Suite 312 Atlas House, Caxton Close, Wigan, WN3 6XU
Notified 11/02/2019
CompanyRankvs 176275+ SIC 70229 peers28
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£7k
Balance sheet strength
Cash
£250
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£483
Current Liabilities
£8k
Debtors
£233
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.06 | -£529 |
| 2024 | 0.09 | -£857 |
| 2023 | 0.10 | -£997 |
| 2022 | 0.04 | — |
Derived from filed accounts. Not audited figures.