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Lateral Brands Limited

12444889

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

SEAVALE, WOOLACOMBE, EX34 7AW
Incorporated 05/02/2020

Compliance

Last accounts

28/02/2026

micro entity

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 23/05/2026

Due 06/06/2027

On track

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Mark Selvey

director · Since 05/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 5 other boards

Persons with Significant Control

Mr Tudor Hywll Thomas

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 56

Moss Bank, Bwlch, Tyn-Y-Gongl, LL74 8RH

Notified 05/02/2020

Mr Mark Selvey

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 56

Seavale, Woolacombe Station Road, Woolacombe, EX34 7AW

Notified 05/02/2020

Mrs Rachel Emily Selvey

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 52

Seavale, Woolacombe Station Road, Woolacombe, EX34 7AW

Notified 05/02/2020

CompanyRankvs 2698+ SIC 46520 peers
40

Financial strength16th percentile among SIC peers · 4/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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2698Lateral Brands Limited
40
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.

Employees3/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 28/02/2026

Net Worth

-£100

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£165

Working capital

Current Assets

£3k

Current Liabilities

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£165
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20261.05
20250.44

Derived from filed accounts. Not audited figures.