Lem Precision Engineering Ltd
12336775
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/01/2021
TECHNICAL MANAGER
BRITISH · ENGLAND · Age 36
Also on 1 other board
director · Since 09/09/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 13 other boards
secretary · Since 31/10/2024
Persons with Significant Control
W S Westin Group Ltd
Phoenix Mills, Leeds Road, Huddersfield, HD1 6NG
Reg: 00352890 · Cardiff · Limited Company
Notified 01/02/2021
Former PSCs
Mr Christopher John Leeming
Ceased 01/02/2021
CompanyRankvs 20690+ SIC 71129 peers35
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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 31/03/2023
Net Worth
-£23k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£3k
Current Liabilities
£15k
Fixed Assets
£77k
Debtors
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.19 | -£30k |
| 2021 | 0.35 | -£3k |
| 2020 | 0.31 | — |
Derived from filed accounts. Not audited figures.