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Lance Consolidation Limited

12695462

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

FAIR TRADE HOUSE, FAREHAM, PO15 5SH
Incorporated 24/06/2020

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/06/2025

Due 07/07/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Mark Jonathan Lance

director · Since 24/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Mark Jonathan Lance

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 51

Fair Trade House, 3 Whittle Avenue, Fareham, PO15 5SH

Notified 24/06/2020

CompanyRankvs 13589+ SIC 64209 peers
53

Financial strength82th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees15/15 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.

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

£554k

Balance sheet strength

Cash

£52k

Cash in the bank

Net Current Assets

-£358k

Working capital

Current Assets

£2.4M

Current Liabilities

£2.8M

Fixed Assets

£912k

Debtors

£2.3M

Profit After Tax

-£536k

18avg. employees

Tax at Year End

Corp tax£16k

Balance Sheet

Assets less current liabilities£554k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.87-£536k
20231.03-£1k
20231.03+£1.1M£481k
20220.85
20210.95

Derived from filed accounts. Not audited figures.