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Lexan Development For Construction Ltd

13218692

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SUITE 2D BUILDING 1 EASTERN BUSINESS PARK, CARDIFF, CF3 5EA
Incorporated 23/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Huw Pryce Jones

director · Since 01/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mrs Zea Georgia Georghiades

25–50% shares
25–50% votes

South African · United Kingdom · Age 50

Suite 2d, Building 1 Eastern Business Park, Cardiff, CF3 5EA

Notified 23/02/2021

Huw Pryce Jones

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 50

Suite 2d, Building 1 Eastern Business Park, Cardiff, CF3 5EA

Notified 01/12/2021

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 14/11/2023Registered 15/11/2023
Charge
outstanding

DBW INVESTMENTS (3) LIMITED

Created 13/12/2022Registered 15/12/2022

CompanyRankvs 32946+ SIC 41100 peers
38

Financial strength72th percentile among SIC peers · 18/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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32946Lexan Development For Construction Ltd
54
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.

Employees14/15 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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 28/02/2024

Net Worth

£38k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£296k

Current Liabilities

£324k

Fixed Assets

£161k

Debtors

£45k

4avg. employees-3

Tax at Year End

Corp tax£49k
VAT£117k

Director Loans

Company owes directors£2k

Balance Sheet

Intangible assets£82k
Assets less current liabilities£133k
Signed by Mr Huw Jones 09/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.91+£34k£2.3M
20230.88+£528£626k
20220.49—£384k

Derived from filed accounts. Not audited figures.