LEXON (G.B.) LIMITED
Company number 09671486 · Monitor this company
Executive summary
LEXON (G.B.) LIMITED must be declined for any credit facility due to its Dissolved status at Companies House, which removes legal capacity to borrow or service new obligations. Even setting aside dissolution, the financial position is concerning: a 30% decline in net assets to £446k, a worsening working capital deficit of (£334k), current ratio of only 0.85x, and minimal cash of £24k against £2.3m in current liabilities. The business is heavily leveraged at 7.9x debt-to-equity and appears to be surviving on trade creditor extension rather than organic cash generation.
Shareholders' funds
£446,373
Balance sheet as at 2023-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2015-07-06
- Dissolved
- 2026-09-01
- Registered office
- Ground Floor 16 Columbus Walk, Brigantine Place, Cardiff, CF10 4BY
- Postcode
- CF10 4BY
- Capital
- 104 GBP
- Accounts category
- Unaudited Abridged
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2023-10-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2024-05-24
Nature of business (SIC)
- 17211 Manufacture of corrugated paper and paperboard, sacks and bags
- 17230 Manufacture of paper stationery
- 17290 Manufacture of other articles of paper and paperboard not elsewhere classified
- 18129 Printing not elsewhere classified
Officers 3 current · 1 resigned
Group structure 3 subsidiaries
-
LEXON (SOUTH WEST) LIMITED Dissolved
-
LEXPLUS LIMITED Dissolved
-
PUGH'S COLOURPRINT (UK) LIMITED Active - Proposal to Strike off
From persons-with-significant-control filings on the public register.
The class of 2015
25%
of the 613,764 companies incorporated in 2015 are still active today; 71% have since been dissolved.
A fact about the year, not a forecast for this company.