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Lynefield Park Limited

13123691

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • 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

UNIT 1 LINTON INDUSTRIAL ESTATE, MORPETH, NE61 5SD
Incorporated 11/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Nick Heads

director · Since 11/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Mr Thomas Anthony Hickey

director · Since 11/01/2021

CONTRACTOR

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Mr Michael Proud

director · Since 11/01/2021

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

M.J. Hickey Plant Hire & Contracts Limited

50–75% shares
50–75% votes

Linton Industrial Estate, Linton Colliery, Morpeth, NE61 5SD

Reg: 04890756 · Companies House · Limited Company

Notified 11/01/2021

Former PSCs

Mr Thomas Anthony Hickey

Ceased 11/01/2021

CompanyRankvs 61214+ SIC 41100 peers
26

Financial strength3th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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61214Lynefield Park Limited
36
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.

Employees13/15 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.

Longevity5/15 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

requirements) then the Directors have concluded that these circumstances in aggregate represent a material uncertainty that may cast significant doubt upon the Company's ability to continue as a going concern and that, therefore, the Company may be unable to realise its assets and discharge its liabilities in the normal course of business. As noted above the Group is confident that exchange o

Key FinancialsYear ending 31/05/2024

Net Worth

-£288k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£291k

Working capital

Current Assets

£283k

Current Liabilities

£573k

Fixed Assets

£4k

Debtors

£275k

3avg. employees

Balance Sheet

Assets less current liabilities-£287k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.49
20230.43
20220.42

Derived from filed accounts. Not audited figures.