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Town Life Ltd

14270828

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

14 CHURCHGATE, BOLTON, BL1 1HL
Incorporated 02/08/2022

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

29/05/2026

On track

Confirmation statement

Last: 01/08/2025

Due 15/08/2026

On track

Industry

56302
Public houses and bars

Officers

Mr David Holmes

director · Since 02/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr David Holmes

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

British · United Kingdom · Age 64

14, Churchgate, Bolton, BL1 1HL

Notified 02/08/2022

CompanyRankvs 19209+ SIC 56302 peers
38

Financial strength28th percentile among SIC peers · 7/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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19209Town Life Ltd
33
How is this score calculated?
Financial strength7/25 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.

Liquidity6/20 pts

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

Longevity4/15 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 31/08/2024

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£16k

Current Liabilities

£19k

3avg. employees

Balance Sheet

Assets less current liabilities-£4k
Signed by Mr David Holmes 04/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81-£776
20230.79—

Derived from filed accounts. Not audited figures.