Lifethebasicmanual Ltd
10162907
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
David James
British · Wales · Age 72
Plas Nantcol, Llanbedr, Llanbedr, LL45 2PL
Notified 04/05/2016
Former PSCs
Mrs Sian James
Ceased 01/04/2026
Mr Ivor Griffiths
Ceased 01/04/2026
Mr David James
Ceased 01/12/2025
CompanyRankvs 15024+ SIC 59112 peers30
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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 31/05/2025
Turnover
£378
Annual revenue
Net Worth
-£7k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£365
Current Liabilities
£8k
Profit After Tax
£175
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | +£0 |
| 2025 | 0.05 | +£175 |
| 2024 | 0.02 | -£16 |
| 2023 | 0.03 | — |
Derived from filed accounts. Not audited figures.