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Lat51 Space Systems Limited

15469154

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

14 MARKET PLACE, YORK, YO42 2AR
Incorporated 06/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Wesley Tyler Ramm

director · Since 06/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Christopher James Woodhams

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

British · England · Age 42

14, Market Place, York, YO42 2AR

Notified 06/02/2024

Mr Wesley Tyler Ramm

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

British · England · Age 55

14, Market Place, York, YO42 2AR

Notified 06/02/2024

CompanyRankvs 12485+ SIC 71122 peers
49

Financial strength74th percentile among SIC peers · 19/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 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.

Longevity2/15 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 28/02/2025

Net Worth

£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

-£869

Current Liabilities

-£30k

2avg. employees

Balance Sheet

Assets less current liabilities£29k
Prepared with v2025.70.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent Ratio
2025-0.03

Derived from filed accounts. Not audited figures.