Lif Motors Ltd
13706133
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 26/10/2025
Due 09/11/2026
Industry
Officers
Persons with Significant Control
Mr. Florin Lita
Romanian · United Kingdom · Age 39
25, Keats House, London, BR3 1TD
Notified 27/10/2021
CompanyRankvs 11537+ SIC 49320 peers27
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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 31/10/2024
Turnover
£53k
Annual revenue
Net Worth
-£136k
Balance sheet strength
Cash
£1k
Cash in the bank
Profit Before Tax
-£137k
Bottom line earnings
Net Current Assets
£1k
Working capital
Current Assets
£1k
Current Liabilities
£218k
Fixed Assets
£80k
Cost of Sales
£94k
Gross Profit
-£41k
Admin Expenses
£95k
Operating Profit
-£137k
Profit After Tax
-£137k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£104k |
| 2023 | 0.08 | — |
Derived from filed accounts. Not audited figures.