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Labcycle Ltd

13150559

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

242 THORNTON ROAD, CROYDON, CR0 3EU
Incorporated 21/01/2021

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

38210
Treatment and disposal of non-hazardous waste
38220
Treatment and disposal of hazardous waste
38320
Recovery of sorted materials
74901
Environmental consulting activities

Officers

Mr Colin Mark Francis

director · Since 21/01/2021

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 31

Also on 1 other board

Ms Jinghui Liang

director · Since 21/01/2021

CHIEF SCIENTIFIC OFFICER

CHINESE · ENGLAND · Age 31

Persons with Significant Control

Ms Jinghui Liang

25–50% shares
25–50% votes

Chinese · England · Age 31

242, Thornton Road, Croydon, CR0 3EU

Notified 21/01/2021

Mr Colin Mark Francis

25–50% shares
25–50% votes

British · England · Age 31

242, Thornton Road, Croydon, CR0 3EU

Notified 21/01/2021

Former PSCs

Ms Minal Patel

Ceased 11/04/2024

CompanyRankvs 372+ SIC 38210 peers
59

Financial strength70th percentile among SIC peers · 18/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.1× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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372Labcycle Ltd
69
How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/01/2025

Net Worth

£160k

Balance sheet strength

Cash

£156k

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£178k

Current Liabilities

£43k

Fixed Assets

£25k

Debtors

£22k

5avg. employees

Tax at Year End(2024)

Corp tax£0

Balance Sheet

Assets less current liabilities£160k
Signed by Mr C Francis,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20254.10
202477.07
20233.77

Derived from filed accounts. Not audited figures.