Ilife Developments Limited

Ilife Developments Limited is a small, active company based in London, UK, founded twenty-two years ago in 2003. The company, with just two employees and £4,098,652 in assets, operates from a virtual address—thirty-eight companies share the same location—and is overseen by two directors and one owner. It's a private limited company registered with number 04716726. The business primarily focuses on the construction of domestic buildings.

The company is an irregular importer, with its top import category being furniture, lighting, and prefabricated buildings, totaling two months of imports. The last import operation was conducted on May 01, 2023. Ilife Developments Limited also owns companies: Crystal Klear Limited, and Ascendant One Ltd. The company was previously known as S Kay Associates Limited.

Financially, Ilife Developments Limited shows a mixed picture. Current assets increased by 19%, reaching £4,100,000, while net assets rose 12%, hitting £3,400,000. However, bank borrowings increased significantly, surging by 2,400% to £3,900, and cash reserves also increased by 15%, reaching £900,000. Creditors also increased by 68%, reaching £780,000, which could indicate a need for better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The accounts are unaudited, likely due to its small size, and no auditor is mentioned. The company's net losses deepened from -£10,000 to -£23,000. The company has elected not to include a copy of the profit and loss account within the financial statements.

Registered in England/Wales under the registration number 04716726, with a registered address at W1U 7NA, 43-45 Dorset Street, London.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.