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Life Collections Limited

12750660

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE OLD RECTORY THE HATCH, READING, RG30 3TH
Incorporated 17/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets

Officers

Mrs Zoe Ley

director · Since 17/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 7 other boards

Persons with Significant Control

Life Partners Ltd

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

The Old Rectory, The Hatch, Reading, RG30 3TH

Reg: 12581827 · Companies House · Limited Company

Notified 17/07/2020

Former PSCs

Mrs Zoe Ley

Ceased 17/07/2020

CompanyRankvs 14647+ SIC 45112 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 28.6× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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14647Life Collections Limited
41
How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/05/2024

Net Worth

-£193k

Balance sheet strength

Cash

£5

Cash in the bank

Net Current Assets

£495k

Working capital

Current Assets

£513k

Current Liabilities

£18k

Balance Sheet

Assets less current liabilities£495k
Signed by Z Ley 29 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202428.60-£36k
202331.63-£16k
202220.30—

Derived from filed accounts. Not audited figures.