Active

SIS LIFE LTD Financials

Company number
11185620Copy
Copy
Registered office
Office 6904 321-323 High Road, Romford RM6 6AX
Incorporated
05/02/2018

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-30.85K2024
-179.32%vs 2023

2023: £-11.04K

Total Assets

£81.27K2024
-50.64%vs 2023

2023: £164.63K

Total Liabilities

£112.11K2024
-36.18%vs 2023

2023: £175.67K

Employees

102024
-6vs 2023

2023: 16

In 2024, SIS LIFE LTD reported net assets of £-30.85K. The same filing shows total assets of £81.27K and total liabilities of £112.11K. Reported headcount was 10 in 2024. Total Assets fell from £164.63K in 2023 to £81.27K in 2024 (-50.64%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-30.85K2024
-179.32%from £-11.04K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures SIS LIFE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-31.01K2022£-30.85K2024
Increasedvs 2022

Total Assets

£172.51K2022£81.27K2024
-52.9%vs 2022

-31.4% a year compound (CAGR)

Total Liabilities

£203.52K2022£112.11K2024
-44.9%vs 2022

-25.8% a year compound (CAGR)

Employees

162022102024
-37.5%vs 2022-6

Biggest decrease

Total Assets-52.9%

£172.51K in 2022 to £81.27K in 2024

SIS LIFE LTD's filings pull in both directions between 2022 and 2024. The steepest fall came in total assets, pointing to a narrowing asset base, with total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SIS LIFE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-37.96%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
137.96%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SIS LIFE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-82.52K-31.01K-11.04K-30.85K
Total Assets£142.15K172.51K164.63K81.27K
Cash in Bank£––––
Total Liabilities£224.67K203.52K175.67K112.11K
Employees16161610

SIS LIFE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SIS LIFE LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

SIS LIFE LTD reported net assets of £-30.85K for 2024. That compares with £-11.04K in 2023, a change of -179.32%.

SIS LIFE LTD reported total assets of £81.27K for 2024. That compares with £164.63K in 2023, a change of -50.64%.

SIS LIFE LTD reported total liabilities of £112.11K for 2024. That compares with £175.67K in 2023, a change of -36.18%.

SIS LIFE LTD reported 10 employees in 2024, compared with 16 in 2023.

Between 2022 and 2024, SIS LIFE LTD's total assets fell by 52.9%, total liabilities fell by 44.9% and employee numbers fell by 37.5%. Total assets contracted at 31.4% a year across the two years to 2024, from £172.51K to £81.27K. Reported headcount went from 16 in 2022 to 10 in 2024 (-6).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.