Shift Lab Ltd
11596638
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/06/2024
FINANCE DIRECTOR
ISRAELI · ENGLAND · Age 39
Also on 1 other board
Persons with Significant Control
Mr. Dovydas Vitkauskas
Lithuanian · Luxembourg · Age 53
C/O Valentine & Co, Galley House, Moon Lane, EN5 5YL
Notified 16/05/2025
Former PSCs
The Kinetik Foundation
Ceased 02/10/2018
Filippo Noseda
Ceased 01/12/2023
Mr Gavin Ferguson
Ceased 16/05/2025
Mr Anthony Robert Julius
Ceased 21/03/2023
Miriam Levy Turner
Ceased 29/05/2022
Alexander Berman
Ceased 21/03/2023
CompanyRankvs 15+ SIC 10850 peers29
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and when required by the company. The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate. 2.3. Turnover Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxe
Key FinancialsYear ending 31/12/2023
Net Worth
£121k
Balance sheet strength
Cash
£130k
Cash in the bank
Net Current Assets
£71k
Working capital
Current Assets
£178k
Current Liabilities
£107k
Fixed Assets
£51k
Debtors
£48k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.66 | -£160k |
Derived from filed accounts. Not audited figures.