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Lateral Wylde Ltd

13034398

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

1 HARDMAN STREET, MANCHESTER, M3 3HF
Incorporated 20/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Warren Norton

director · Since 20/11/2020

ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 33

Also on 5 other boards

Mr Jamie Alexander Mcilhatton

director · Since 01/12/2020

ENTREPRENEUR

BRITISH · UNITED KINGDOM · Age 32

Also on 1 other board

Persons with Significant Control

Mr Warren Norton

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

British · United Kingdom · Age 33

1, Hardman Street, Manchester, M3 3HF

Notified 20/11/2020

Mr Jamie Alexander Mcilhatton

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

British · United Kingdom · Age 32

70, Telegraph Road, Wirral, CH60 0AG

Notified 20/11/2020

CompanyRankvs 15+ SIC 56101 peers
27

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.65× · 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 strength0/25 pts

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

Employees0/15 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 30/11/2023

Net Worth

-£116k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£77k

Working capital

Current Assets

£142k

Current Liabilities

£219k

Fixed Assets

£8k

Debtors

£118k

18avg. employees-2

Tax at Year End

VAT£10k

Director Loans

Company owes directors£41k
Directors owe company£834

Balance Sheet

Assets less current liabilities-£69k
Signed by Mr Jamie McIlhatton 24/07/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.65-£23k£198k
20220.60-£24k£1.2M
20210.03

Derived from filed accounts. Not audited figures.