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The Life Team Ltd

10238982

liquidation
Private Limited Company
england wales
Companies House
2 outstanding charges
Insolvency history
Health Score
N/A

Details

BRIDGESTONES, OLDHAM, OL1 1ET
Incorporated 20/06/2016

Compliance

Last accounts

31/08/2021

total exemption full

Next accounts due

30/05/2023

Overdue

Confirmation statement

Last: 31/08/2021

Due 14/09/2022

Overdue

Industry

66190
Other activities auxiliary to financial services

Officers

Mr John William Place

director · Since 07/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Persons with Significant Control

Mr John William Place

25–50% shares

British · England · Age 70

Bridgestones, 2 Cromwell Court, Oldham, OL1 1ET

Notified 15/08/2021

Mr Richard David Williams

25–50% shares

British · England · Age 60

Bridgestones, 2 Cromwell Court, Oldham, OL1 1ET

Notified 15/08/2021

Charges2 outstanding

A registered charge
outstanding

Choices Cpo 1 LTD

Created 31/12/2021Registered 17/01/2022
A registered charge
outstanding

Choices Cpo 1 Limited

Created 01/09/2021Registered 07/09/2021

Insolvency History1 case

compulsory liquidation11/05/2023

Robert L Cooksey (practitioner) · The Official Receiver Or Manchester (practitioner)

CompanyRankvs 15+ SIC 66190 peers
25

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.75× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity10/15 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2021

Net Worth

£934

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£378k

Working capital

Current Assets

£515k

Current Liabilities

£137k

Debtors

£341k

3avg. employees

Balance Sheet

Assets less current liabilities£378k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20213.75

Derived from filed accounts. Not audited figures.