Bubblelife Ltd
12072977
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/06/2019
MANAGING PARTNER
COLOMBIAN · ENGLAND · Age 45
Persons with Significant Control
Mr Jon Martyn Mcglashan
British · England · Age 42
Sussex Innovation Centre, Science Park Square, Brighton, BN1 9SB
Notified 27/06/2019
Miss Carolina Avellaneda Cadena
Colombian · England · Age 45
15, Orchard Way, Battle, TN33 0RD
Notified 27/06/2019
CompanyRankvs 376+ SIC 20411 peers28
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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
160; Based on these assessments and having regard to the resources available to the entity, the director s have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration receivable for goods provided in the normal cour
Key FinancialsYear ending 30/06/2025
Net Worth
£2
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£130k
Working capital
Current Assets
£1k
Current Liabilities
£131k
Fixed Assets
£1k
Debtors
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.01 |
| 2025 | 0.01 |
| 2024 | 0.06 |
| 2023 | 0.03 |
Derived from filed accounts. Not audited figures.