LAE PRODUCTS LTD

3 DENNIS, TAMWORTH, STAFFORDSHIRE, B77 2RE

Company Number: 09135880
Incorporation date: 17-Jul-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
14142 Manufacture of women's underwear





SUMMARY

This company is 9.9 years old and is currently active. It is controlled by Miss Lucy Ann Elesmore. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -35.8 thousand which has worsened since the previous year's figure of GBP -34.3 thousand. Although the P&L is not published, we can infer from the Balance Sheet that Net Loss was GBP 1.5 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -35.8 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 1 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Apr-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Jul-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Jul-2017 GBP 98,556 29,378
31-Jul-2016 GBP 333 -37,941
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Jul-2022 GBP 8,681 44,439 1 -35,759 -35,758
31-Jul-2021 GBP 8,226 42,482 1 -34,257 -34,256
31-Jul-2020 GBP 7,573 38,189 1,132 1 -31,749 -31,748
31-Jul-2019 GBP 6,586 30,169 3,920 1 -27,490 -27,489
31-Jul-2018 GBP 5,793 26,367 4,184 1 -24,696 -24,695
31-Jul-2017 GBP 11,048 6,666 1 -17,603 -17,602
31-Jul-2016 GBP 1,574 37,888 9,166 1 -46,981 -46,980
31-Jul-2015 GBP 9,039 1 -9,040 -9,039

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Lucy Ann ELESMORE 17 Jul 2014 Director British 1 - 00 (0.0%)
Number of active directors: 1
Average tenure of active directors: 9.9 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
LAE PRODUCTS LTD (09135880) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

LAE PRODUCTS LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


Title Date filed Status Publication number
A brassiere or garment accessory 2014-03-07 Granted GB2523840

COMPETITORS

(Based on Sic code: 14142 Manufacture of women's underwear)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
WACOAL EMEA LTD THE CORSETRY FACTORY, ROTHWELL ROAD, DESBOROUGH, KETTERING, NORTHAMPTONSHIRE, NN14 2PG 00171167 2018-03-31 60,453,000 3,772,000
METROID 2247 LTD 65 LONDON WALL, LONDON, LONDON WALL, LONDON, ENGLAND, EC2M 5TU 06008574 2018-11-30 206,739 0 15120-Manufacture of luggage, handbags and the like, saddlery and harness
62020-Information technology consultancy activities
LAE PRODUCTS LTD 3 DENNIS, TAMWORTH, STAFFORDSHIRE, ENGLAND, B77 2RE 09135880 2018-07-31 98,556 0
TEASELED LIMITED 23 HARTREE WAY, KESGRAVE, IPSWICH, SUFFOLK, IP5 2DY 08992510 2019-04-30 10,197 0 14190-Manufacture of other wearing apparel and accessories not elsewhere classified
47820-Retail sale via stalls and markets of textiles, clothing and footwear
47910-Retail sale via mail order houses or via Internet
SPS TRADE LTD C/O EVLA, 30, WORTHING ROAD, HORSHAM, ENGLAND, RH12 1SL 09010165 2018-04-30 2,887 0 14390-Manufacture of other knitted and crocheted apparel
SIERRA MAY LTD 86-90 PAUL STREET, PAUL STREET, LONDON, ENGLAND, EC2A 4NE 09025682 2017-05-31 334 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
LAE PRODUCTS LTD 0.7% 4.1% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 2.5% 4.9% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.6% 7.2% 9.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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