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Labtech Industries Ltd

11855825

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

7 THE CHASE, LEICESTER, LE8 9EQ
Incorporated 01/03/2019

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/07/2025

Due 04/08/2026

On track

Industry

32500
Manufacture of medical and dental instruments and supplies
86230
Dental practice activities

Officers

Mr Akash Bhatt

director · Since 01/03/2019

STRATEGY CONSULTANT

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Dr Jeetpal Panesar

director · Since 01/03/2019

DENTIST

BRITISH · UNITED KINGDOM · Age 36

Mr Jasdeep Singh Johal

director · Since 21/07/2020

MANAGER

BRITISH · UNITED KINGDOM · Age 36

Also on 2 other boards

Persons with Significant Control

Dr Jeetpal Panesar

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 36

7, The Chase, Leicester, LE8 9EQ

Notified 01/03/2019

Mr Akash Bhatt

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

7, The Chase, Leicester, LE8 9EQ

Notified 01/03/2019

Mr Jasdeep Singh Johal

25–50% shares

British · Canada · Age 36

13, The Fairway, Leicester, LE2 2HN

Notified 21/07/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 09/08/2019Registered 21/08/2019

CompanyRankvs 515+ SIC 32500 peers
61

Financial strength77th percentile among SIC peers · 19/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.65× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees14/15 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.

Longevity7/15 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 31/03/2025

Net Worth

£119k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£172k

Current Liabilities

£105k

Fixed Assets

£60k

15avg. employees+2

Balance Sheet

Assets less current liabilities£130k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.65-£27k
20241.94+£40k
20231.41+£55k
20220.98+£26k
20210.47+£30k
20200.06

Derived from filed accounts. Not audited figures.