New Life Balance Ltd
09687894
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Olga Egorova
Russian · England · Age 49
8, Gatliff Road, London, SW1W 8DT
Notified 06/04/2016
CompanyRankvs 17614+ SIC 56101 peers44
Show leaderboard
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 31/07/2024
Net Worth
-£149k
Balance sheet strength
Cash
£95k
Cash in the bank
Net Current Assets
-£152k
Working capital
Current Assets
£106k
Current Liabilities
£258k
Fixed Assets
£3k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.41 | +£24k |
| 2023 | 0.41 | +£101k |
| 2022 | 0.44 | +£155k |
| 2021 | 0.26 | +£107k |
| 2020 | 0.17 | -£13k |
| 2019 | 0.11 | -£46k |
| 2018 | 0.10 | — |
Derived from filed accounts. Not audited figures.