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Locern Limited

14386551

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

APARTMENT 403, MANCHESTER, M3 4JL
Incorporated 29/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Christopher Paul David Cooper

director · Since 29/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Mrs Nicola Barbara Cooper

secretary · Since 01/10/2025

Persons with Significant Control

Mr Christopher Paul David Cooper

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

Apartment 403, 1 Rice Street, Manchester, M3 4JL

Notified 29/09/2022

Mrs Nicola Barbara Cooper

25–50% shares
25–50% votes

British · England · Age 60

Apartment 403, 1 Rice Street, Manchester, M3 4JL

Notified 29/09/2022

CompanyRankvs 155839+ SIC 70229 peers
25

Financial strength31th percentile among SIC peers · 8/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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155839Locern Limited
34
How is this score calculated?
Financial strength8/25 pts

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

Employees6/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company including the impact of the current economic climate, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 30/09/2024

Net Worth

£100

Balance sheet strength

Cash

£109

Cash in the bank

Net Current Assets

-£768

Working capital

Current Assets

£361

Current Liabilities

£1k

Fixed Assets

£770

Debtors

£252

1avg. employees

Balance Sheet

Assets less current liabilities£2
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.32

Derived from filed accounts. Not audited figures.