New Life Foundation Uk
12147289
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/08/2019
ADMINISTRATIVE OFFICER
BRITISH · UNITED KINGDOM · Age 57
director · Since 09/08/2019
POSTMASTER
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
Persons with Significant Control
Mrs Punithavathy Nadaneswaran
British · United Kingdom · Age 57
28 Beaumont Court, Cherry Close, London, NW9 5FR
Notified 09/08/2019
Former PSCs
Mrs Prabalini Vageswaran
Ceased 02/05/2021
Mr Subramaniam Mahesan
Ceased 25/04/2024
CompanyRankvs 11642+ SIC 88990 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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
-£577
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£998
Working capital
Current Assets
£394
Current Liabilities
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.25 |
| 2023 | 0.10 |
| 2021 | 1.00 |
| 2020 | 1.00 |
Derived from filed accounts. Not audited figures.