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Life Spaces Properties Ltd

12206165

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

17 OAKTREE GROVE, ILFORD, IG1 2RE
Incorporated 13/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Fawaad Ul-Haq Mullick

director · Since 13/09/2019

IT CONSULTANCY

BRITISH · AUSTRALIA · Age 52

Persons with Significant Control

Mr Fawaad Ul-Haq Mullick

75–100% shares
75–100% votes
Appoint directors

British · Australia · Age 52

17, Oaktree Grove, Ilford, IG1 2RE

Notified 13/09/2019

Charges2 outstanding

Charge
outstanding

WEST ONE SECURED LOANS LIMITED

Created 23/12/2020Registered 04/01/2021
Charge
outstanding

MT FINANCE LIMITED

Created 16/07/2020Registered 21/07/2020

CompanyRankvs 27463+ SIC 68100 peers
53

Financial strength80th percentile among SIC peers · 20/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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

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

Key FinancialsYear ending 30/09/2024

Net Worth

£56k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£136k

Current Liabilities

£124k

Fixed Assets

£300k

Debtors

£98k

1avg. employees

Balance Sheet

Bank loans & overdrafts£243k
Assets less current liabilities£312k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.10+£27k
20230.94+£5k
20220.94

Derived from filed accounts. Not audited figures.