Lifetime Financial Solutions Limited
04925771
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/10/2003
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 2 other boards
Persons with Significant Control
Mr David Andrew Welsh
British · United Kingdom · Age 60
61, Windsor Park Gardens, Norwich, NR6 7PR
Notified 09/10/2016
Former PSCs
Mrs Jacqueline Rosemary Clarke
Ceased 09/03/2020
CompanyRankvs 313+ SIC 66190 peers83
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£1.5M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£171k
Working capital
Current Assets
£215k
Current Liabilities
£44k
Fixed Assets
£1.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.87 | +£204k |
| 2023 | 9.67 | +£123k |
| 2022 | 12.46 | +£157k |
| 2021 | 11.93 | +£215k |
| 2020 | 17.27 | +£67k |
| 2019 | 20.18 | +£150k |
| 2018 | 12.36 | — |
Derived from filed accounts. Not audited figures.