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Freshstartlee Ltd

12870594

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

23-25 ST AUGUSTINES STREET, NORWICH, NR3 3BY
Incorporated 10/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Mr Lee Ratcliffe

director · Since 10/09/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Lee Ratcliffe

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

British · United Kingdom · Age 50

The Union Building, 51 - 59 Rose Lane, Norwich, NR1 1BY

Notified 10/09/2020

CompanyRankvs 23853+ SIC 90030 peers
22

Financial strength10th percentile among SIC peers · 3/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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23853Freshstartlee Ltd
31
How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 30/09/2024

Net Worth

-£9k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£5k

Current Liabilities

£16k

Fixed Assets

£2k

Debtors

£4k

1avg. employees

Balance Sheet

Assets less current liabilities-£9k
Signed by Mr L Ratcliffe,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.31-£16k
20233.30-£7k
20222.96+£12k
20211.10—

Derived from filed accounts. Not audited figures.