Back to search

Lumen Bidco Limited

15101669

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

36 UPPER BROOK STREET, LONDON, W1K 7QJ
Incorporated 29/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr David Gasparro

director · Since 29/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 12 other boards

Stefan Smith

director · Since 29/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 3 other boards

Sam Bartrum Wallis

director · Since 06/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mr Giles Pollock Salmon

director · Since 01/07/2024

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 60

Also on 5 other boards

Persons with Significant Control

Lumen Topco Limited

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

36, Upper Brook Street, London, W1K 7QJ

Reg: 15092183 · Companies House · Limited By Shares

Notified 29/08/2023

Charges2 outstanding

Charge
outstanding

LONSDALE CAPITAL PARTNERS LLP (AS SECURITY TRUSTEE)

Created 06/10/2023Registered 12/10/2023
Charge
outstanding

SHAWBROOK BANK LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 06/10/2023Registered 09/10/2023

CompanyRankvs 44193+ SIC 64209 peers
14

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Net Worth

-£3.2M

Balance sheet strength

Cash

£548

Cash in the bank

Profit Before Tax

-£2.2M

Bottom line earnings

Net Current Assets

-£5.8M

Working capital

Current Assets

£2.1M

Current Liabilities

£7.9M

Fixed Assets

£23.4M

Debtors

£2.1M

Cost of Sales

£766k

Gross Profit

-£766k

Admin Expenses

£382k

Operating Profit

£29k

Profit After Tax

-£2.2M

4avg. employees

People Costs

Wages & salaries£862k
NI contributions£119k

Balance Sheet

Bank loans & overdrafts£12.2M
Assets less current liabilities£17.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26-£2.2M
20240.43

Derived from filed accounts. Not audited figures.