£336k
−5%vs Mar 2024Active08083012Private limited companyShoreham-By-Sea
LATERAL CHANNEL LIMITED
Significant control: Jane Modral (25–50%), Owen Brice Modral (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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01
Summary
LATERAL CHANNEL LIMITED is an active private limited company (company number 08083012) incorporated on 25 May 2012, registered in Shoreham-By-Sea. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 March 2025, showing net assets of £336k and cash of £214k, with 0 employees on average. Net assets fell 5% on the prior period (£353k).
Peer position · net assets
By net assets it sits in the top quarter of 1,073 comparable companies in Brighton (median £4,604, upper quartile £41k).
02
Ownership and control
- Mrs Jane Modral
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- can appoint or remove directors
- Mr Owen Brice Modral
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 25 May 201214 yrs ago
- Next accounts due
- 31 December 2026in 69 days
- Confirmation statement due
- 8 June 2027in 228 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£214k
−42%vs Mar 2024Not reported
0
vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £336k | £214k | £40k | £81k | — | — | 0 |
| 31 March 2024 | £353k | £367k | £32k | £46k | — | — | 0 |
Current ratio3.14Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £336,243 at 31 March 2025
- Current assets at least 1.5× creditors within one yearCurrent ratio 3.14
- Cash at bank of £50,000 or moreCash £214,412
- Incorporated five or more years agoIncorporated 25 May 2012
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 228 days
- Next accounts duein 69 days
- Accounts period endNet assets £336k · small accounts
- Accounts period endNet assets £353k · small accounts
- Incorporated
08
Similar companies in Brighton
- KELLY CONSULTANCY SOLUTIONS LIMITEDArundel · inc. May 2012
- ZENITHWELL LTDPolegate · inc. May 2012
- APALACHICOLA SOFTWARE SOLUTIONS LIMITEDBrighton · inc. Jun 2012
- SOUTH WAY CONSULTANCY LIMITEDLewes · inc. May 2012
- ELECTRIC LAMB LTDBrighton · inc. May 2012
- AAP SOLUTIONS LTDEast Sussex · inc. May 2012
All companies incorporated on 25 May 2012 · in May 2012.
09
Reminders for LATERAL CHANNEL LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.