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Liftupp Limited

09693289

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

6TH FLOOR, WELLBAR CENTRAL, NEWCASTLE UPON TYNE, NE1 4TD
Incorporated 20/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Giles Kerrush

secretary · Since 07/05/2021

Ms Hazel-Ann James

secretary · Since 17/06/2022

Also on 2 other boards

Ms Hazel-Ann James

director · Since 17/06/2022

GENERAL COUNSEL AND SECRETARY

AMERICAN · UNITED STATES · Age 51

Also on 2 other boards

Mr Peter Alan Rendall

director · Since 21/09/2023

CHIEF FINANCE OFFICER

AMERICAN · UNITED STATES · Age 60

Also on 1 other board

Persons with Significant Control

Mr Michael Andrew Newhouse

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 66

1 World Trade Center, 43rd Fl., New York, 10007

Notified 30/04/2019

Mr Samuel Irving Newhouse, Iii

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 74

1 World Trade Center, 43rd Fl., New York, 10007

Notified 30/04/2019

Mr Victor Frederick Ganzi

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 79

1 World Trade Center, 43rd Fl., New York, 10007

Notified 30/04/2019

Mr Steven Oliver Newhouse

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 69

1 World Trade Center, 43rd Fl., New York, 10007

Notified 30/04/2019

Mr Thomas Samuel Summer

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 72

1 World Trade Center, 43rd Fl., New York, 10007

Notified 30/04/2019

Former PSCs

Mr David Graeme James

Ceased 06/03/2019

Mr Ben Mason

Ceased 06/03/2019

Mr Jim Chambers

Ceased 19/04/2018

North West 4 Digital General Partner Limited

Ceased 06/03/2019

CompanyRankvs 17556+ SIC 62012 peers
61

Financial strength4th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.1× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Longevity11/15 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 31/12/2022

Turnover

£1.1M

Annual revenue

Net Worth

-£129k

Balance sheet strength

Cash

£788k

Cash in the bank

Profit Before Tax

-£321k

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£2.1M

Current Liabilities

£979k

Fixed Assets

£2k

Debtors

£1.3M

Cost of Sales

£782k

Gross Profit

£292k

Admin Expenses

£613k

Operating Profit

-£321k

6avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20222.10-£321k
20213.48+£86k
20203.85-£69k
20198.85

Derived from filed accounts. Not audited figures.