lifefaith ltd
lifefaith ltd Company Information
Company Number
13659727
Next Accounts
227 days late
Directors
Shareholders
adekunle adetayo
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
20-22 wenlock road, london, N1 7GU
Website
-lifefaith ltd Estimated Valuation
Pomanda estimates the enterprise value of LIFEFAITH LTD at £106.6k based on a Turnover of £199.5k and 0.53x industry multiple (adjusted for size and gross margin).
lifefaith ltd Estimated Valuation
Pomanda estimates the enterprise value of LIFEFAITH LTD at £30.5k based on an EBITDA of £8.4k and a 3.64x industry multiple (adjusted for size and gross margin).
lifefaith ltd Estimated Valuation
Pomanda estimates the enterprise value of LIFEFAITH LTD at £15.3k based on Net Assets of £6.8k and 2.25x industry multiple (adjusted for liquidity).
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Lifefaith Ltd Overview
Lifefaith Ltd is a live company located in london, N1 7GU with a Companies House number of 13659727. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2021, it's largest shareholder is adekunle adetayo with a 100% stake. Lifefaith Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £199.5k with unknown growth in recent years.
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Lifefaith Ltd Health Check
Pomanda's financial health check has awarded Lifefaith Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £199.5k, make it smaller than the average company (£6.4m)
£199.5k - Lifefaith Ltd
£6.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lifefaith Ltd
- - Industry AVG
Production
with a gross margin of 26%, this company has a higher cost of product (51.5%)
26% - Lifefaith Ltd
51.5% - Industry AVG
Profitability
an operating margin of 4.2% make it as profitable than the average company (4.2%)
4.2% - Lifefaith Ltd
4.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (37)
- Lifefaith Ltd
37 - Industry AVG
Pay Structure
on an average salary of £6.5k, the company has a lower pay structure (£67.4k)
- Lifefaith Ltd
£67.4k - Industry AVG
Efficiency
resulting in sales per employee of £199.5k, this is more efficient (£162.2k)
- Lifefaith Ltd
£162.2k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (55 days)
21 days - Lifefaith Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (36 days)
12 days - Lifefaith Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lifefaith Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lifefaith Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42%, this is a lower level of debt than the average (61.9%)
42% - Lifefaith Ltd
61.9% - Industry AVG
LIFEFAITH LTD financials
Lifefaith Ltd's latest turnover from October 2022 is £199.5 thousand and the company has net assets of £6.8 thousand. According to their latest financial statements, we estimate that Lifefaith Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | |
|---|---|
| Turnover | 199,488 |
| Other Income Or Grants | |
| Cost Of Sales | |
| Gross Profit | |
| Admin Expenses | |
| Operating Profit | |
| Interest Payable | |
| Interest Receivable | |
| Pre-Tax Profit | 8,394 |
| Tax | -1,595 |
| Profit After Tax | 6,799 |
| Dividends Paid | |
| Retained Profit | 6,799 |
| Employee Costs | 6,509 |
| Number Of Employees | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | |
| Stock & work in progress | |
| Trade Debtors | 11,720 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 11,720 |
| total assets | 11,720 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 4,920 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 4,920 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 4,920 |
| net assets | 6,800 |
| total shareholders funds | 6,800 |
| Oct 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | -1,595 |
| Stock | |
| Debtors | 11,720 |
| Creditors | 4,920 |
| Accruals and Deferred Income | |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | |
| Other Short Term Loans | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | |
| cash flow from financing | 1 |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
lifefaith ltd Credit Report and Business Information
Lifefaith Ltd Competitor Analysis
Perform a competitor analysis for lifefaith ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.
lifefaith ltd Ownership
LIFEFAITH LTD group structure
Lifefaith Ltd has no subsidiary companies.
Ultimate parent company
LIFEFAITH LTD
13659727
lifefaith ltd directors
Lifefaith Ltd currently has 1 director, Mr Adekunle Adetayo serving since Oct 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adekunle Adetayo | England | 39 years | Oct 2021 | - | Director |
P&L
October 2022turnover
199.5k
0%
operating profit
8.4k
0%
gross margin
26.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
6.8k
0%
total assets
11.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
lifefaith ltd company details
company number
13659727
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2022
previous names
N/A
accountant
-
auditor
-
address
20-22 wenlock road, london, N1 7GU
Bank
-
Legal Advisor
-
lifefaith ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to lifefaith ltd.
lifefaith ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for LIFEFAITH LTD. This can take several minutes, an email will notify you when this has completed.
lifefaith ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
