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Lincs Property Lets Limited

13058845

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

13 QUEEN STREET, MARKET RASEN, LN8 3EH
Incorporated 03/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Mr Craig Anthony Andrews

director · Since 03/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Craig Anthony Andrews

Significant control

English · England · Age 46

Kiosk 2, Darwin Plaza, Lincoln, LN2 4QA

Notified 03/12/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/04/2023Registered 28/04/2023

CompanyRankvs 23552+ SIC 68310 peers
20

Financial strength2th percentile among SIC peers · 1/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£158k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£208k

Working capital

Current Assets

£123k

Current Liabilities

£331k

Fixed Assets

£224k

1avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.37-£177k
20231.12

Derived from filed accounts. Not audited figures.