Life Association Limited
05763547
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/01/2019
RETIRED MEDICAL PRACTITIONER
BRITISH · ENGLAND · Age 71
secretary · Since 25/02/2021
director · Since 11/07/2024
HEAD TEACHER
BRITISH · UNITED KINGDOM · Age 48
Persons with Significant Control
Former PSCs
Mr Simon Hawthorne
Ceased 26/05/2021
Mrs Julia Elisabeth Hawthorne
Ceased 26/05/2021
CompanyRankvs 976+ SIC 85600 peers69
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
transaction value unless otherwise stated in the relevant accounting policy notes. The financial statements are presented in Sterling, and all monetary values are rounded to the nearest pound (£). Going concern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carryin
Key FinancialsYear ending 31/03/2025
Net Worth
£38k
Balance sheet strength
Cash
£40k
Cash in the bank
Net Current Assets
£38k
Working capital
Current Assets
£40k
Current Liabilities
£2k
Debtors
£166
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 24.85 | +£17k |
| 2023 | 4.52 | — |
Derived from filed accounts. Not audited figures.