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Lateral Software Ltd

12195586

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SUITE A, 82, MILDENHALL, IP28 7DE
Incorporated 09/09/2019

Compliance

Last accounts

28/09/2024

micro entity

Next accounts due

28/06/2026

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

58290
Other software publishing

Officers

Mr Matthew James Galley

director · Since 09/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Matthew James Galley

75–100% shares

British · United Kingdom · Age 37

20-22, Wenlock Road, London, N1 7GU

Notified 09/09/2019

CompanyRankvs 1568+ SIC 58290 peers
65

Financial strength78th percentile among SIC peers · 20/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.15× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 28/09/2024

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£30k

Current Liabilities

£14k

Fixed Assets

£582

0avg. employees-1

Balance Sheet

Assets less current liabilities£17k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.15-£54k
20235.41+£56k
20221.93+£19k
20210.78

Derived from filed accounts. Not audited figures.