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Lapsing Limited

14417336

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

UNIT 3, GOODSHEDS LOFTS, BARRY, CF62 5QT
Incorporated 13/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Richard Perry

director · Since 13/10/2022

SOFTWARE DEVELOPER

WELSH · WALES · Age 45

Also on 4 other boards

Mr Wayne Owen Carter

director · Since 18/01/2023

COMPANY DIRECTOR

WELSH · WALES · Age 60

Persons with Significant Control

Mr Richard Perry

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

Welsh · Wales · Age 45

Tredomen Business And Technology Centre, Tredomen Park, Ystrad Mynach, CF82 7FN

Notified 13/10/2022

Mr Wayne Carter

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Tredomen Business And Technology Centre, Tredomen Park, Ystrad Mynach, CF82 7FN

Notified 02/02/2023

CompanyRankvs 52997+ SIC 62012 peers
28

Financial strength14th percentile among SIC peers · 4/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.08× · 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 strength4/25 pts

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

Employees3/15 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 31/10/2024

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£317

Current Liabilities

£4k

0avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£1k
20230.20

Derived from filed accounts. Not audited figures.