Shark Bikes Ltd
12599638
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 12/05/2026
Due 26/05/2027
Industry
Officers
director · Since 13/05/2020
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 6 other boards
Persons with Significant Control
Lpe Group Holdings Ltd
Units A & B, Mill Lane Industrial Park, Beverley, HU17 9DH
Reg: 12221315 · Companies House England & Wales · Private Company Limited By Shares
Notified 13/05/2020
Change History
Active
Private Limited Company
UNITS A & B
BEVERLEY
CompanyRankvs 246+ SIC 30920 peers22
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil
Key FinancialsYear ending 31/12/2024
Net Worth
-£74k
Balance sheet strength
Cash
£61k
Cash in the bank
Net Current Assets
-£92k
Working capital
Current Assets
£333k
Current Liabilities
£425k
Fixed Assets
£18k
Debtors
£28k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.78 | -£20k |
| 2023 | 0.83 | — |
Derived from filed accounts. Not audited figures.