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Lightstate Limited

14095917

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

119 SOTHEBY ROAD, LONDON, N5 2UT
Incorporated 09/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27120
Manufacture of electricity distribution and control apparatus

Officers

Mr Thomas Alexander Hearn

director · Since 09/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mrs Jayne Thorpe

secretary · Since 14/02/2023

Mr Peter Richard Lee

director · Since 09/01/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Mr Christian Anthony Corney

director · Since 25/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Thomas Alexander Hearn

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

British · England · Age 43

119, Sotheby Road, London, N5 2UT

Notified 09/05/2022

CompanyRankvs 276+ SIC 27120 peers
51

Financial strength77th percentile among SIC peers · 19/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 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.

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.

Longevity4/15 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 31/12/2024

Net Worth

£364k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£319k

Working capital

Current Assets

£157k

Current Liabilities

£476k

Fixed Assets

£591

5avg. employees+2

Tax at Year End(2022)

VAT-£3k

Balance Sheet

Assets less current liabilities£319k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33+£689k
20230.07-£492k
202218.53

Derived from filed accounts. Not audited figures.