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Lifevac Europe Ltd

09110185

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 5 TORRIDGE BUSINESS PARK, SOUTH MOLTON, EX36 4HP
Incorporated 01/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32500
Manufacture of medical and dental instruments and supplies

Officers

Mr Eric Arthur Winston Banagan

director · Since 01/07/2014

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 68

Matthew Banagan

director · Since 01/07/2014

SALES AND MARKETING DIRECTOR

BRITISH · ENGLAND · Age 40

Mrs Marie Louise Boland

director · Since 01/07/2014

FINANCE AND OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 41

Miss Lea Spacey

secretary · Since 02/07/2021

Mr Daniel Philip David Boland

director · Since 26/06/2025

DIRECTOR OF QUALITY ENGINEERING

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Eric Arthur Winston Banagan

25–50% shares

British · England · Age 68

Unit 5, Torridge Business Park, South Molton, EX36 4HP

Notified 20/08/2023

CompanyRankvs 125+ SIC 32500 peers
84

Financial strength92th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.3× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

Longevity12/15 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 31/12/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£922k

Cash in the bank

Net Current Assets

£955k

Working capital

Current Assets

£1.4M

Current Liabilities

£415k

Fixed Assets

£84k

Debtors

£191k

22avg. employees-2

Balance Sheet

Intangible assets£2
Bank loans & overdrafts£3k
Assets less current liabilities£1.0M
Signed by 09110185 2025-01-01 2025-12-31 09110185 2025-12-31 09110185 bus: 4 1 2025-12-31 09110185 bus:OrdinaryShareClass1 2025-12Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.30+£546k
20242.52-£37k
20231.65

Derived from filed accounts. Not audited figures.