Life-changer Ltd

Life Changer Care is a private limited company based in Manchester, UK, with an active trading status. Established eleven years ago in 2013, it employs just two people and holds £65,541 in assets. The company operates from a real address and is managed by two directors and owners. It regularly imports and exports electrical machinery and equipment, with 3 months of import activity and 7 months of export activity recorded. The company’s website details its commitment to providing therapeutic residential care for children, offering a range of services including recovery programs, psychological assessments, and placement support.

The business focuses on providing residential care for children, with a particular emphasis on therapeutic interventions and recovery programs. The website highlights a trauma-informed approach, offering activities that specialize in building trust and nurturing individuality. The company’s facilities are described as homely and spacious, with a focus on creating a secure and supportive environment for children. The website also mentions a range of services, including care leaver support and family intervention assessments.

Financially, Life Changer Care shows a mixed picture. Cash bank on hand increased significantly by 93%, jumping to £57,000, which is a positive sign. However, creditors also increased by 20% to £18,000, and net assets rose by 95% to £48,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble. Trade debtors decreased dramatically by 99%, which may indicate better debt collection or reduced credit sales. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s growth in cash reserves suggests it’s managing its immediate financial needs well, but the increase in creditors warrants monitoring. The business appears to be focused on providing a specialized service, and its financial health will depend on its ability to maintain a steady flow of clients and effectively manage its expenses.

Registered in England/Wales under the registration number 08586778, with a registered address at M11 1BE, Manchester, 18 Old Lane.

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