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Labtronics Design Ltd

13835837

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)

Details

2 FALCON GATE, WELWYN GARDEN CITY, AL7 1TW
Incorporated 08/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Labib Lavell Lartey

director · Since 08/01/2022

ENGINEERING CONSULTANT

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Labib Lavell Lartey

75–100% shares
75–100% votes
Appoint directors

British · England · Age 33

2, Falcon Gate, Welwyn Garden City, AL7 1TW

Notified 08/01/2022

CompanyRankvs 7407+ SIC 71121 peers
35

Financial strength14th percentile among SIC peers · 4/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

-£306

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£20k

Current Liabilities

£22k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Total assets£22k

EstimatesDerived

YearCurrent Ratio
20250.89
20241.23
20230.88

Derived from filed accounts. Not audited figures.