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Life Changing Product Company Limited

15759547

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2A WAVERLEY DRIVE, SWANSEA, SA3 5SY
Incorporated 04/06/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32300
Manufacture of sports goods

Officers

Mr John Lloyd Cole

director · Since 04/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Mr Bradley John Hockridge

director · Since 04/06/2024

DIRECTOR

BRITISH · WALES · Age 61

Persons with Significant Control

Happy Creations Limited

50–75% shares
50–75% votes
Appoint directors

2a Waverley Drive, Mumbles, Swansea, SA3 5SY

Reg: 15739194 · United Kingdom · Private Company Limited By Shares

Notified 04/06/2024

Mr Bradley John Hockridge

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 61

12, Rest Bay Close, Porthcawl, CF63 3UN

Notified 04/06/2024

CompanyRankvs 1072+ SIC 32300 peers
38

Financial strength15th percentile among SIC peers · 4/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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1072Life Changing Product Company Limited
34
How is this score calculated?
Financial strength4/25 pts

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

Employees11/15 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.

Longevity2/15 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 28/02/2025

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£35k

Current Liabilities

£47k

2avg. employees

Balance Sheet

Assets less current liabilities-£12k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20250.75

Derived from filed accounts. Not audited figures.