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Lifebit Group Ltd

12648996

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

N14 HASTINGWOOD BUSINESS PARK WOOD LANE, BIRMINGHAM, B24 9QR
Incorporated 05/06/2020

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 25/09/2025

Due 09/10/2026

On track

Industry

45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories
49410
Freight transport by road
52103
52103

Officers

Mr Ion Duplava

director · Since 05/06/2020

COMPANY DIRECTOR

ROMANIAN · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Ion Duplava

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

Romanian · England · Age 36

N14 Hastingwood Business Park, Wood Lane, Birmingham, B24 9QR

Notified 05/06/2020

CompanyRankvs 20858+ SIC 45200 peers
49

Financial strength5th percentile among SIC peers · 1/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 8.39× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 pts

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

Liquidity20/20 pts

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

Longevity6/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£144k

Working capital

Current Assets

£164k

Current Liabilities

£20k

Fixed Assets

£12k

2avg. employees

Balance Sheet

Assets less current liabilities£157k
Signed by 1.7.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20258.39+£3k
20242.60-£10k
20230.81-£50k
20220.88+£736
20211.57

Derived from filed accounts. Not audited figures.