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Lx Properties (Norman Road) Ltd

12120010

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

85 CHURCH ROAD, HOVE, BN3 2BB
Incorporated 24/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Xavier Fergus John Pennington

director · Since 24/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 11 other boards

Ms Laura Bates

director · Since 24/07/2019

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 39

Also on 7 other boards

Persons with Significant Control

Lx Properties Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

85, Church Road, Hove

Reg: 12046809 · Companies House · Private Limited Company

Notified 24/07/2019

Charges4 outstanding

Charge
outstanding

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FLEET MORTGAGES LIMITED

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outstanding

LENDINVEST SECURITY TRUSTEES LIMITED

Created 11/05/2020Registered 21/05/2020
Charge
outstanding

LENDINVEST SECURITY TRUSTEES LIMITED

Created 11/05/2020Registered 21/05/2020

CompanyRankvs 77038+ SIC 41100 peers
18

Financial strength16th percentile among SIC peers · 4/25
Employees14th 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
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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.

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 30/09/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

Current Liabilities

£62k

Debtors

£51k

0avg. employees

Balance Sheet

Assets less current liabilities-£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
2024-£11k
20230.99-£37k
20221.21+£16k
20210.00

Derived from filed accounts. Not audited figures.