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Lite Sharp Ltd

12018470

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)

Details

PENTWYN COTTAGE, CARDIFF, CF14 0SH
Incorporated 28/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Salman Iqbal

director · Since 28/05/2019

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Salman Iqbal

75–100% shares

British · United Kingdom · Age 40

Pentwyn Cottage, St. Mellons Road, Cardiff, CF14 0SH

Notified 28/05/2019

CompanyRankvs 96817+ SIC 62020 peers
32

Financial strength30th percentile among SIC peers · 8/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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96817Lite Sharp Ltd
32
How is this score calculated?
Financial strength8/25 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.

Liquidity0/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2024

Net Worth

£100

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

—

Current Liabilities

£49k

Fixed Assets

£39k

-2avg. employees
Prepared with v2024.44.1 limited_company_frs_102_section_1a_v1_1_1 companies_house

EstimatesDerived

YearCurrent Ratio
20211.26

Derived from filed accounts. Not audited figures.