Company Overview
Lane7 Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 22 July 2013, so this is a well established company. Lane7 Ltd has been in business for 12 years and 8 months. The accounts status is group and the accounts are next due on Friday 31 July 2026.
Registered Address

70 Victoria Road, Darlington, DL1 5JG
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Companies House Data
Company NameLANE7 LTD
Company Number08619451
Registered Office Address70 Victoria Road
 DL1 5JG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date22/07/2013
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryGROUP
Returns Next Due Date19/08/2016
Returns Last Made Up Date22/07/2015
Previous Company NameChanged Date
LANE 7 LTD29 Apr 2016
Directors & Members
Timothy Wilks - Director
(British, 48 years old, born October 1978)
Appointed 22 July 2013
Active
Secretaries
Show Resigned
David Bence - Secretary
Appointed 18 August 2023
Active
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 125,430 125,430 80,523
Current Assets 17,176,215 17,176,215 7,156,558
Creditors Due Within One Year 11,453,838 11,453,838 3,819,434
Working Cap 5,722,377 5,722,377 3,337,124
Total Assets Less Current Liabilities 5,847,807 5,847,807 3,417,647
Long-term Liabilities 2,337,710 2,337,710 2,900,495
Net Assets 3,510,097 3,510,097 517,152
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 3,510,097 3,510,097 517,152
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 0.7% 0.7% 1.1%
Stocks Inventory - - -
Debtors 75.9% 75.9% 57.3%
Cash Bank In Hand 23.4% 23.4% 38.3%
Current Assets 99.3% 99.3% 98.9%
Creditors Due Within One Year 66.2% 66.2% 52.8%
Net Current Assets Liabilities 33.1% 33.1% 46.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 20.3% 20.3% 7.1%
Capital Employed - - -
Total Assets Less Current Liabilities 33.8% 33.8% 47.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 1.5 1.5 1.9
Solvency Ratio 1.3 1.3 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 17,301,645 17,301,645 7,237,081
Debt 13,791,548 13,791,548 6,719,929
Net Assets/Debt 3,510,097 3,510,097 517,152

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Notification of Lane7 Holdings Limited as a person with significant control on 10 June 2025
Resolutions
Memorandum and Articles of Association
Cessation of Timothy Wilks as a person with significant control on 10 June 2025
Cessation of Gillian Pamela Wilks as a person with significant control on 10 June 2025
Registration of charge 086194510004, created on 6 June 2025
Confirmation statement made on 3 April 2025 with no updates
Director's details changed for Mr Timothy James Wilks on 15 October 2024
Change of details for Mrs Gillian Pamela Wilks as a person with significant control on 5 April 2024
Change of details for Mr Timothy Wilks as a person with significant control on 5 April 2024
Director's details changed for Mr Timothy James Wilks on 5 April 2024
Confirmation statement made on 3 April 2024 with updates
Statement of capital following an allotment of shares on 28 March 2024
Registration of charge 086194510003, created on 14 December 2023
Appointment of Mr David Bence as a secretary on 18 August 2023
Amended total exemption full accounts made up to 31 October 2022
Confirmation statement made on 12 June 2023 with no updates
Termination of appointment of James White as a secretary on 1 June 2023
Confirmation statement made on 12 June 2022 with updates
Change of details for Mr Timothy Wilks as a person with significant control on 10 May 2022
Notification of Gillian Pamela Wilks as a person with significant control on 10 May 2022

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