Lipsip Limited
12663434
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/06/2020
DIRECTOR
PAKISTANI · ENGLAND · Age 33
Also on 1 other board
Persons with Significant Control
Lipsip Investments Limited
15, Wrexham Avenue, Walsall, WS2 0DG
Notified 16/04/2026
Former PSCs
Mr Muhammad Minhas
Ceased 21/12/2020
Mr Adeel Rab Nawaz
Ceased 16/04/2026
CompanyRankvs 19466+ SIC 56102 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.
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
-£10k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£17k
Working capital
Current Assets
£101
Current Liabilities
£17k
Fixed Assets
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | +£0 |
| 2025 | 0.01 | -£2k |
| 2024 | 0.01 | -£2k |
| 2023 | 0.01 | -£2k |
| 2022 | 0.10 | -£5k |
| 2021 | Infinity | — |
Derived from filed accounts. Not audited figures.