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Lapace Services Uk Ltd

12678948

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 18/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14190
Manufacture of other wearing apparel and accessories
46190
Agents involved in the sale of a variety of goods
47910
Retail sale via mail order houses or via Internet
62020
Information technology consultancy activities

Officers

Mr Michael Olukunle Iyiola

director · Since 18/06/2020

ENTREPRENEUR

NIGERIAN · UNITED KINGDOM · Age 42

Also on 1 other board

Mrs Oluwaseun Adeola Iyiola

director · Since 17/02/2022

APPLICATION ANALYST

NIGERIAN · ENGLAND · Age 34

Persons with Significant Control

Mr Michael Olukunle Iyiola

50–75% shares
50–75% votes
Appoint directors

Nigerian · United Kingdom · Age 42

66 Paul Street, 66 Paul Street, London, EC2A 4NA

Notified 18/06/2020

Mrs Oluwaseun Adeola Iyiola

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm

Nigerian · United Kingdom · Age 34

1, Fairfields Way, Sheffield, S26 2HB

Notified 03/12/2025

CompanyRankvs 3172+ SIC 14190 peers
34

Financial strength10th percentile among SIC peers · 3/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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 30/06/2025

Net Worth

-£29k

Balance sheet strength

Cash

£214

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£58k

Current Liabilities

£87k

Fixed Assets

£456

Debtors

£35k

0avg. employees-2

Balance Sheet

Intangible assets£153
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67-£14k
20240.72-£10k
20230.91-£1k
20220.93-£2k

Derived from filed accounts. Not audited figures.