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Life Build Solutions Ltd

05372315

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

40 OXFORD ROAD, HIGH WYCOMBE, HP11 2EE
Incorporated 22/02/2005

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/03/2026

Due 19/03/2027

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Michael Stuart Wilde

secretary · Since 17/03/2005

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Mr Kenneth Mark Adams

director · Since 17/03/2005

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Mr Michael Stuart Wilde

director · Since 17/03/2005

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Life Build Employee Ownership Trustee Limited

75–100% shares
75–100% votes
Appoint directors

40, Oxford Road, High Wycombe, HP11 2EE

Reg: 12505332 · Companies House, United Kingdom · Limited By Shares

Notified 27/10/2021

Former PSCs

Mr Kenneth Mark Adams

Ceased 27/10/2021

Mr Michael Stuart Wilde

Ceased 27/10/2021

Charges2 outstanding

Charge
outstanding

MICHAEL STUART WILDE AS TRUSTEE FOR THE SELLERS (KENNETH MARK ADAMS, JANE NANETTE ADAMS, MICHAE

Created 10/01/2022Registered 10/01/2022
Charge
outstanding

MICHAEL STUART WILDE AS TRUSTEE FOR THE SELLERS (KENNETH MARK ADAMS, JANE NANETTE ADAMS, MICHAE

Created 27/10/2021Registered 05/11/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/08/2008Registered 14/08/2008Satisfied 24/10/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/09/2007Registered 18/09/2007Satisfied 24/10/2009
charge
satisfied

GROUNDLINKS LIMITED

Created 09/09/2005Registered 23/09/2005Satisfied 06/11/2008
charge
satisfied

KENNETH GEORGE WILKINS

Created 09/09/2005Registered 23/09/2005Satisfied 13/11/2008

CompanyRankvs 1103+ SIC 41201 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.43× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2023

Turnover

£61.0M

Annual revenue

Net Worth

£5.1M

Balance sheet strength

Cash

£11.6M

Cash in the bank

Profit Before Tax

£2.1M

Bottom line earnings

Net Current Assets

£6.4M

Working capital

Current Assets

£21.1M

Current Liabilities

£14.7M

Fixed Assets

£780k

Debtors

£8.6M

Cost of Sales

£53.6M

Gross Profit

£7.4M

Admin Expenses

£5.5M

Operating Profit

£1.9M

Profit After Tax

£1.6M

53avg. employees+51

Tax at Year End

Corp tax£530k

People Costs

Wages & salaries£5.6M
NI contributions£498k

Balance Sheet

Assets less current liabilities£7.2M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.43+£1.0M
20221.29+£377k
20211.41-£2.9M
20201.91

Derived from filed accounts. Not audited figures.