Newlife T Limited
08017792
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 03/04/2012
Persons with Significant Control
Mrs Fung Ping Tsang
British · England · Age 54
2 Conrad Avenue, Exeter, EX4 8DE
Notified 06/04/2016
CompanyRankvs 20543+ SIC 56103 peers49
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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 30/04/2025
Net Worth
-£11k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
£11k
Current Liabilities
£22k
Debtors
£8k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.51 | -£6k |
| 2024 | 0.77 | -£19k |
| 2023 | 3.83 | -£2k |
| 2022 | 2.80 | +£2k |
| 2021 | 2.96 | +£7k |
| 2020 | 1.58 | +£6k |
| 2019 | 1.60 | -£3k |
| 2018 | 2.26 | — |
Derived from filed accounts. Not audited figures.