Terrace Cult Ltd
12194761
Healthy
No risk factors detected.
Details
Compliance
Last accounts
30/09/2024
micro entity
Next accounts due
30/06/2026
Confirmation statement
Last: 05/09/2025
Due 19/09/2026
Industry
Officers
Former
director · Resigned 06/09/2019
Persons with Significant Control
Mr Steven Derek William Lumb
British · England · Age 45
First Floor, 109-111, Newchurch Road, Bacup, OL13 0DL
Notified 06/09/2019
PSC Statements
No active PSC statements on record.
Change History
Active
Private Limited Company
FIRST FLOOR, 109-111
BACUP
CompanyRankvs 10603+ SIC 47910 peers69
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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 30/09/2025
Net Worth
£52k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£45k
Working capital
Current Assets
£180k
Current Liabilities
£135k
Fixed Assets
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.33 | -£24k |
| 2024 | 1.59 | -£4k |
| 2023 | 1.97 | +£21k |
| 2022 | 1.83 | -£11k |
| 2021 | 3.56 | +£581 |
| 2020 | 8.23 | — |
Derived from filed accounts. Not audited figures.
Filing History17 filings
confirmation statement with no updates
accounts with accounts type micro entity
confirmation statement with no updates
accounts with accounts type micro entity
confirmation statement with no updates
accounts with accounts type micro entity
confirmation statement with updates
accounts with accounts type micro entity
confirmation statement with no updates
accounts with accounts type micro entity
confirmation statement with updates
capital allotment shares
notification of a person with significant control
withdrawal of a person with significant control statement
appoint person director company with name date
termination director company with name termination date
incorporation company