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Lite Rite Solutions Ltd

14122604

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

12 THISTLE CLOSE, SPENNYMOOR, DL16 7YD
Incorporated 22/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33140
Repair of electrical equipment
71129
Other engineering activities

Officers

Mr Anthony Hughes

director · Since 22/05/2022

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 44

Miss Nicola Siobhan Smallman

director · Since 22/05/2022

MANAGER

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Anthony Hughes

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

British · England · Age 44

12, Thistle Close, Spennymoor, DL16 7YD

Notified 22/05/2022

CompanyRankvs 2167+ SIC 33140 peers
55

Financial strength62th percentile among SIC peers · 16/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.75× · 16/20
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 strength16/25 pts

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

Employees4/15 pts

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

Liquidity16/20 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 31/05/2025

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£29k

Current Liabilities

£17k

Fixed Assets

£1k

1avg. employees

Balance Sheet

Assets less current liabilities£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.75+£1k
20241.65-£6k
20232.90

Derived from filed accounts. Not audited figures.