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New Life Developments Limited

04952827

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

8 EASTWAY, SALE, M33 4DX
Incorporated 04/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Ann Richardson

secretary · Since 04/11/2003

IT CONSULTANCY SALES

BRITISH · Age 76

Also on 3 other boards

Ann Richardson

director · Since 04/11/2003

IT CONSULTANCY SALES

BRITISH · Age 76

Also on 3 other boards

Harold Richardson

director · Since 04/11/2003

MOTOR TRADER

BRITISH · Age 77

Mr Peter Stuart Sharwin

director · Since 15/09/2014

NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 78

Persons with Significant Control

Mrs Ann Richardson

25–50% shares
25–50% votes

British · Portugal · Age 76

8 Eastway, Sale, M33 4DX

Notified 06/04/2016

Mr Harold Richardson

25–50% shares
25–50% votes

British · Portugal · Age 77

8 Eastway, Sale, M33 4DX

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 15/02/2005Registered 22/02/2005Satisfied 12/11/2025
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/05/2004Registered 27/05/2004Satisfied 17/06/2005
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/05/2004Registered 27/05/2004Satisfied 17/06/2005
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 09/05/2004Registered 18/05/2004Satisfied 17/06/2005

CompanyRankvs 1063+ SIC 43390 peers
84

Financial strength89th percentile among SIC peers · 22/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 129× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1063New Life Developments Limited
84
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 30/11/2024

Net Worth

£108k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£478k

Working capital

Current Assets

£482k

Current Liabilities

£4k

Fixed Assets

£633

3avg. employees

Balance Sheet

Assets less current liabilities£478k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024129.00+£10k
2023149.52+£10k
2022164.20+£10k
2021152.38+£10k
2020143.90+£11k
2019173.36+£9k
2018152.84—

Derived from filed accounts. Not audited figures.