# LATERAL BRANDS LIMITED (12444889)

> LATERAL BRANDS LIMITED is an active private limited company (company number 12444889) incorporated on 5 February 2020, registered in Woolacombe. Its registered activity is wholesale of electronic and telecommunications equipment and parts (SIC 46520). Latest micro accounts cover the period ending 28 February 2026, showing net assets of −£100, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 88% on the prior period (−£831). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2020-02-05
- Registered office: Woolacombe, EX34 7AW
- SIC 46520: Wholesale of electronic and telecommunications equipment and parts
- Next accounts due: 2027-11-28
- Confirmation statement due: 2027-02-19
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 334 comparable companies in Other (median £17k, upper quartile £252k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-02-28 | −£100 | — | — | £3,209 | — | — | 0 |
| 2025-02-28 | −£831 | — | — | £1,497 | — | — | 0 |
| 2024-02-29 | £3 | — | — | £0 | — | — | 0 |

current ratio 1.05; net assets trend volatile; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-100 at 28 February 2026
- Net assets up 10% or more on the prior period: +88.0% vs prior period
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 5 February 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Tudor Hywll Thomas — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2020-02-05
- Mr Mark Selvey — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2020-02-05
- Mrs Rachel Emily Selvey — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2020-02-05

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12444889
HTML: https://firmoscan.com/company/12444889-lateral-brands-limited