Lyte Drive Ltd
13319616
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/03/2023
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 4 other boards
director · Since 09/01/2025
COMPANY DIRECTOR
INDIAN · ENGLAND · Age 63
Also on 1 other board
director · Since 29/05/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 1 other board
Persons with Significant Control
Neva Group Ltd
B8 Aerodrome, 2-8 Airfield Way, Christchurch, BH23 3TS
Reg: 12971363 · Companies House · Limited Company
Notified 07/04/2021
Former PSCs
Mr Paul David Luscombe
Ceased 27/03/2023
CompanyRankvs 233+ SIC 28110 peers31
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£27k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£25k
Working capital
Current Assets
£27k
Current Liabilities
£52k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.52 |
Derived from filed accounts. Not audited figures.