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The Lab Corporations Ltd

15051825

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

70 THEOBALD STREET, BOREHAMWOOD, WD6 4SU
Incorporated 06/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Rahil Shah

director · Since 06/08/2023

STUDENT

BRITISH · ENGLAND · Age 24

Also on 1 other board

Mr Keeran Dylan Mahendra Kumar

director · Since 21/10/2024

DOCTOR

MALAYSIAN · UNITED KINGDOM · Age 25

Mr Edward Erhunmwunsee

director · Since 25/03/2025

OPERATIONS OFFICER

NIGERIAN · UNITED KINGDOM · Age 24

Persons with Significant Control

Mr Rahil Shah

25–50% shares
25–50% votes

British · England · Age 24

70, Theobald Street, Borehamwood, WD6 4SU

Notified 06/08/2023

Mr Edward Erhunmwunsee

25–50% shares
25–50% votes

Nigerian · United Kingdom · Age 24

Flat 22 London House, 172 Aldersgate Street, London, EC1A 4HU

Notified 25/03/2025

Mr Keeran Dylan Mahendra Kumar

25–50% shares
25–50% votes

Malaysian · United Kingdom · Age 25

Hyde House, Old Uxbridge Road, Rickmansworth, WD3 9XH

Notified 25/03/2025

CompanyRankvs 21229+ SIC 62012 peers
57

Financial strength63th percentile among SIC peers · 16/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.46× · 20/20
Longevity3 years trading (max 15) · 3/15
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.

Employees3/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 31/08/2025

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£8k

Current Liabilities

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20254.46

Derived from filed accounts. Not audited figures.