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Lab Thread Ltd

15924652

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

MEPC SILVERSTONE PARK INNOVATION CENTRE SILVERSTONE PARK, TOWCESTER, NN12 8GX
Incorporated 29/08/2024

Compliance

Last accounts

31/12/2025

group

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 21/01/2026

Due 04/02/2027

On track

Industry

62012
Business and domestic software development
72110
Research and experimental development on biotechnology

Officers

Dr Ryan Cawood

director · Since 29/08/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mercia Fund Management (Nominees) Ltd

director · Since 04/06/2025

Mr John Zafar

director · Since 20/06/2025

NON-EXECUTIVE CHAIRMAN

BRITISH · ENGLAND · Age 64

Mr Deyan Kanchev Sultov

director · Since 21/01/2026

BULGARIAN · BULGARIA · Age 54

Persons with Significant Control

Dr Ryan Cawood

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

British · England · Age 42

Mepc Silverstone Park Innovation Centre, Silverstone Park, Towcester, NN12 8GX

Notified 29/08/2024

Mr Deyan Kanchev Sultov

25–50% shares
25–50% votes

Bulgarian · Bulgaria · Age 54

Mepc Silverstone Park Innovation Centre, Silverstone Park, Towcester, NN12 8GX

Notified 21/01/2026

Former PSCs

Mr Deyan Kanchev Sultov

Ceased 21/01/2026

CompanyRankvs 15459+ SIC 62012 peers
64

Financial strength50th percentile among SIC peers · 13/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 18.09× · 20/20
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 strength13/25 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.

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.

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 31/12/2025

Net Worth

£557

Balance sheet strength

Cash

£472k

Cash in the bank

Net Current Assets

£441k

Working capital

Current Assets

£493k

Current Liabilities

£27k

Fixed Assets

£2k

Debtors

£21k

9avg. employees

Balance Sheet

Assets less current liabilities£442k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
202518.09

Derived from filed accounts. Not audited figures.