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Let Correct Uk Ltd

14234575

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

CHESTNUT FARM, NEWARK, NG22 0DF
Incorporated 14/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Mr Vincent Paul Smith

director · Since 14/07/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 7 other boards

Persons with Significant Control

Mr Vincent Paul Smith

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

British · United Kingdom · Age 48

Chestnut Farm, Wellow Road, Newark, NG22 0DF

Notified 14/07/2022

CompanyRankvs 27594+ SIC 68310 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.29× · 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 strength1/25 pts

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

Employees2/15 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 31/07/2025

Net Worth

-£130k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£130k

Working capital

Current Assets

£53k

Current Liabilities

£183k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29+£0
20250.29-£22k
20240.26-£63k
20230.29

Derived from filed accounts. Not audited figures.