Life Collections Limited
- Small
- Holding
- Active
- 4 years
- £520,170 (assets)
- Real address
- 1 director
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Life Collections Limited is a small, holding company based in Reading, UK, with an active trading status. Founded four years ago in July 2020, the company holds £520,170 in assets and operates from a real address in Burghfield. With one director, Ley Zoe, and one owner, Life Partners Ltd, it's a relatively compact operation. The company’s website showcases a diverse range of items for sale, including art, classic cars, jewellery, and collectibles, catering to a discerning clientele. It even offers a platform for individuals to sell their own life collections.
The website, Life Collections, positions itself as a curator of unique treasures, born from a love for the finer things in life. It highlights the thrill and memories evoked by special pieces of jewellery, art, silverware, or cars, offering gifts or collectibles that are unique. The site also suggests a discerning platform for offering one’s own life collections, inviting individuals to contact enquirieslifecollections.com. The website design was completed by Lillian Kelly.
Financially, Life Collections Limited presents a mixed picture. While current assets increased by 5.5% to £520,000, net assets decreased by 12% to -£160,000. Bank borrowings increased by 8.4% to £660,000, and cash reserves fell by 82% to just £79. Creditors also increased by 8.4% to £660,000. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the decline in equity is a concern. The accounts are unaudited, and no auditor is mentioned, likely due to the company’s small size. It seems like the company is holding on, but it’s burning through cash.
Registered in England/Wales under the registration number 12750660, with a registered address at RG30 3TH, England, Reading, Berkshire, The Old Rectory The Hatch, Burghfield.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Life Partners Ltd
- 4 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ley Zoe
- 4 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Director's details changed for Mrs Zoe Ley on 2024-08-14Download 2 pages pdf report
-
Change of details for Life Partners Ltd as a person with significant control on 2024-08-14Download 2 pages pdf report
-
Confirmation statement made on 2024-07-16 with no updatesDownload 3 pages pdf report
FAQ about Life Collections Limited
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