Reverse Life Ltd
12565074
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/04/2020
ENTREPRENEUR
BRITISH · UNITED KINGDOM · Age 41
Also on 1 other board
director · Since 20/04/2020
ENTREPRENEUR
BRITISH · UNITED KINGDOM · Age 60
Also on 1 other board
director · Since 31/07/2022
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 2 other boards
director · Since 31/10/2024
FINANCIAL CONTROLLER
BRITISH · ENGLAND · Age 44
Also on 10 other boards
Persons with Significant Control
Mr Mark Robert Shephard
British · United Kingdom · Age 60
8 Edward Court, Broadheath, Altrincham, WA14 5GL
Notified 20/04/2020
Mr Christopher Anthony Niebel
British · United Kingdom · Age 41
8 Edward Court, Broadheath, Altrincham, WA14 5GL
Notified 20/04/2020
Former PSCs
Dr Roshan Ravindran
Ceased 05/10/2020
Miss Claire Powell
Ceased 06/09/2021
Charges0 outstanding
REGENCY TRADE FINANCE LIMITED
CompanyRankvs 49251+ SIC 47910 peers33
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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
in the sum of £389,917). The company meets its day to day working capital requirements through support from TGG Ltd, a related party of the company. The financial statements have been prepared on a going concern basis, the validity of which depends upon the company's ability to continue to receive the financial support of TGG Limited. The financial statements do not include any adjustments that
Key FinancialsYear ending 30/11/2024
Net Worth
-£109k
Balance sheet strength
Cash
£291k
Cash in the bank
Net Current Assets
-£109k
Working capital
Current Assets
£1.3M
Current Liabilities
£1.4M
Debtors
£597k
Profit After Tax
£291k
Tax at Year End
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.92 | -£499k |
| 2023 | 1.61 | +£291k |
| 2022 | 1.13 | +£355k |
| 2021 | 0.84 | -£87k |
| 2020 | 0.73 | — |
Derived from filed accounts. Not audited figures.