UK Companies House feature
WESTLAB LTD
Cash
£25K
+69.1% vs 2022
Net assets
£667K
+159.9% vs 2022
Employees
53
-8.6% vs 2022
Profit before tax
£575K
+164.7% vs 2022
Profile
- Company number
- 05214492
- Status
- Active
- Incorporation
- 2004-08-25
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 86900
- Hubs
- UK Healthcare
Net assets
3-year trend · vs UK Healthcare median
Accounts
3-year trend · latest 2023-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | — | £10,658,780 | £10,940,015 | |
| Operating profit | — | -£757,117 | £818,364 | |
| Profit before tax | — | -£888,706 | £574,850 | |
| Net profit | — | -£830,007 | £410,192 | |
| Cash | — | £14,979 | £25,335 | |
| Total assets less current liabilities | — | £738,632 | £1,041,681 | |
| Net assets | — | £256,488 | £666,680 | |
| Equity | £1,085,904 | £256,488 | £666,680 | |
| Average employees | — | 58 | 53 | |
| Wages | — | £1,792,043 | £1,706,591 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern Thus, the Directors have continued to adopt the going concern basis of accounting in preparing these financial statements”
Subsidiaries
- SPL Cobham Limited · 100% held · United Kingdom
Significant events
- “There are several geopolitical events happening today which pose a risk to UK business Continued unrest in the middle east, specifically in/around the Red Sea, plus ongoing uncertainty over a conclusion to the Russia / Ukraine conflict remain a risk to the supply chain The Directors have carried out an assessment of the potential impact of these uncertainties on the business, including the impact of mitigation measures, and have concluded that these are non-adjusting events with the greatest impact on the business expected to be from the economic ripple effect on the global economy”
- “The profit for the year, after taxation, amounted to £317,654 (2023 - £410,192) which included a one-off investment impairment of £376,272”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NUGENT, Robert | Secretary | 2014-11-14 | — | — |
| DALY, Sean Thomas | Director | 2022-11-30 | May 1993 | British |
| FLETCHER, Cameron William | Director | 2025-09-22 | Nov 2002 | British |
| NUGENT, Robert | Director | 2014-11-14 | Dec 1982 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LIVINGSTON, Filomena | Secretary | 2004-08-26 | 2014-11-14 |
| DUPORT SECRETARY LIMITED | Corporate Nominee Secretary | 2004-08-25 | 2004-08-26 |
| BOHAN, Richard | Director | 2010-07-07 | 2023-10-31 |
| FLETCHER, Scott Jonathan | Director | 2014-11-14 | 2022-11-30 |
| LIVINGSTON, Scott Paul | Director | 2004-08-26 | 2021-04-06 |
| DUPORT DIRECTOR LIMITED | Corporate Nominee Director | 2004-08-25 | 2004-08-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lowry Trading Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-04-06 | Active |
| Mr Scott Paul Livingston | Individual | Shares 25–50% | 2016-08-01 | Ceased 2021-04-06 |
| Mr Scott Jonathan Fletcher | Individual | ownership-of-shares-25-to-50-percent-as-trust | 2016-04-06 | Active |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-20 | CH01 | officers | change person director company with change date |
| 2025-12-22 | AD01 | address | change registered office address company with date old address new address |
| 2025-10-09 | AA | accounts | accounts with accounts type full |
| 2025-09-26 | AP01 | officers | appoint person director company with name date |
| 2025-09-25 | RESOLUTIONS | resolution | resolution |
| 2025-09-25 | MA | incorporation | memorandum articles |
| 2025-09-23 | SH01 | capital | capital allotment shares |
| 2025-07-25 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-20 | AA | accounts | accounts with accounts type full |
| 2024-07-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-11-12 | TM01 | officers | termination director company with name termination date |
| 2023-10-12 | AA | accounts | accounts with accounts type full |
| 2023-10-04 | DISS40 | gazette | gazette filings brought up to date |
| 2023-10-03 | GAZ1 | gazette | gazette notice compulsory |
| 2023-09-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-02-13 | AP01 | officers | appoint person director company with name date |
| 2023-02-13 | TM01 | officers | termination director company with name termination date |
| 2022-10-06 | AA | accounts | accounts with accounts type full |
| 2022-09-16 | SH01 | capital | capital allotment shares |
| 2022-09-15 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
1.91
GREY ZONE
Altman Z″
- Working capital / Total assets 0.088 × 6.56 = +0.57
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.173 × 6.72 = +1.16
- Book equity / Total liabilities 0.164 × 1.05 = +0.17
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory