New Life (Scunthorpe)
05973307
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/03/2026
Due 03/04/2027
Industry
Officers
director · Since 30/09/2020
DOCTOR
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
Persons with Significant Control
Former PSCs
Rev Russell Westfield
Ceased 24/03/2024
Charges2 outstanding
KINGDOM BANK LIMITED
KINGDOM BANK LIMITED
BARCLAYS BANK PLC
KINGDOM BANK LIMITED
CompanyRankvs 174+ SIC 87200 peers77
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£691k
Balance sheet strength
Cash
£212k
Cash in the bank
Net Current Assets
£188k
Working capital
Current Assets
£234k
Current Liabilities
£46k
Fixed Assets
£692k
Debtors
£23k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.05 | +£93k |
| 2023 | 1.11 | -£35k |
| 2022 | 1.67 | -£35k |
| 2021 | 2.34 | -£16k |
| 2020 | 1.84 | +£6k |
| 2019 | 2.60 | -£6k |
| 2018 | 2.57 | — |
Derived from filed accounts. Not audited figures.