Launceston’S Local Ltd
15420874
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Miss Axsana Rajeswaran
British · England · Age 24
22, Broad Street, Launceston, PL15 8AE
Notified 17/01/2024
Charges1 outstanding
SWIF SMALLER LOANS LIMITED PARTNERSHIP
CompanyRankvs 16594+ SIC 47110 peers26
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£24k
Working capital
Current Assets
£20k
Current Liabilities
£45k
Fixed Assets
£27k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.46 |
Derived from filed accounts. Not audited figures.