Company Overview
East London Skills For Life is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Monday 09 February 2004, so this is a well established company. East London Skills For Life has been in business for 22 years and 1 month. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

39A Broadway, London, E15 4BQ
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Companies House Data
Company NameEAST LONDON SKILLS FOR LIFE
Company Number05038594
Registered Office Address39a Broadway
 E15 4BQ
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date09/02/2004
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date09/03/2017
Returns Last Made Up Date09/02/2016
Directors & Members
Show Resigned
Charles Bamikole - Director
(British, 40 years old, born September 1986)
Appointed 01 March 2020
 Active
Toyin Sulola - Director
(British, 69 years old, born April 1957)
Appointed 21 November 2018
 Active
Secretaries
Show Resigned
Other Company Directorships
Charles Bamikole
BROS MAJEURS LLP
GOOD SHEPHERD DAY NURSERY LTD
ONWARDS & UPWARDS [O&U] LTD
ONWARDS AND UPWARDS [O&U] LTD
ONWARDS AND UPWARDS LTD
PRO-EX DEVELOPMENT LTD
THE GOOD SHEPHERD VOLUNTARY ORGANISATION LTD
Toyin Sulola
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Balance Sheet
Fixed Assets 1,590 1,590 1,988
Current Assets 48,462 48,462 45,245
Creditors Due Within One Year 0 0 0
Working Cap 48,462 48,462 45,245
Total Assets Less Current Liabilities 50,052 50,052 47,233
Long-term Liabilities 300 300 0
Net Assets 49,752 49,752 47,233
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 49,752 49,752 47,233
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Tangible Fixed Assets - - -
Fixed Assets 3.2% 3.2% 4.2%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 38.4% 38.4% 25.1%
Current Assets 96.8% 96.8% 95.8%
Creditors Due Within One Year 0.0% 0.0% 0.0%
Net Current Assets Liabilities 96.8% 96.8% 95.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 99.4% 99.4% 100.0%
Capital Employed - - -
Total Assets Less Current Liabilities 100.0% 100.0% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Liquidity Ratio 48462.0 48462.0 45245.0
Solvency Ratio 166.8 166.8 ∞
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Assets 50,052 50,052 47,233
Debt 300 300 0
Net Assets/Debt 49,752 49,752 47,233

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Registered office address changed from 39a Broadway London E15 4BQ England to Lawrence House 5 st. Andrews Hill Norwich Norfolk NR2 1AD on 26 February 2026
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 9 February 2025 with no updates
Confirmation statement made on 9 February 2024 with no updates
Confirmation statement made on 9 February 2023 with no updates
Termination of appointment of Toyin Sulola as a secretary on 14 January 2023
Confirmation statement made on 9 February 2022 with no updates
Confirmation statement made on 9 February 2021 with no updates
Notification of Charles Bamikole as a person with significant control on 12 February 2020
Notification of Toyin Sulola as a person with significant control on 12 February 2020
Withdrawal of a person with significant control statement on 10 February 2021
Appointment of Mr Charles Bamikole as a director on 1 March 2020
Termination of appointment of Temitope Alegbeleye as a director on 29 February 2020
Confirmation statement made on 9 February 2020 with no updates
Confirmation statement made on 9 February 2019 with no updates
Registered office address changed from 39a Broadway 39a Broadway Stratford London E15 4BQ England to 39a Broadway London E15 4BQ on 19 February 2019
Registered office address changed from 49 Broadway London E15 4BQ England to 39a Broadway 39a Broadway Stratford London E15 4BQ on 19 February 2019
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