The Firmwatch take
Lagan Wholesale Furniture Ltd is a 16-year-old wholesale, active on the Companies House register. The latest filed accounts (year to 30 June 2025) show −£90k in net assets, with 1 distress signal extracted from the filing (negative net assets). Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
1 public risk event on file
Pulse · Net assets, 2024–2025
↘ £149kIncorporated
25 June 2009
16 years on the register
Sector
Non-specialised wholesale trade
SIC 46900
Size
Not classified
Net assets
−£90k
-£90,189
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
68/100
high risk
Estimated public-data value
-£90,189 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Wholesale
Sample: 35,750 companies
Negative net assets: 19.2%
- Net assets vs sector median
- -£91,189
- Working capital vs sector median
- -£165,069
- Sector median current ratio
- 1.20
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£546
Current liabilities
Amounts due within one year (short-term creditors).
£160,921
Working capital
Current assets minus current liabilities.
-£160,375
Fixed assets
Long-term tangible and intangible assets.
£71,337
Total assets less current liabilities
Fixed assets plus working capital.
-£89,038
Net assets
What's left after liabilities are deducted from assets.
-£90,189
Equity (capital & reserves)
Shareholder funds.
-£90,189
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.