LITE GROUP LIMITED

Company number 11001963 · Active (Active - Proposal to Strike off)

LITE GROUP LIMITED is a private limited company registered in WORTHING, United Kingdom, incorporated on 9 Oct 2017. Its registered activity is unlicensed restaurants and cafes. Its latest published accounts for the period ending 31 Oct 2022 show equity of £6,516, total assets of £45k. It has filed 2 sets of accounts, 1 of them after the deadline. Our model estimates a 2.78 % probability that it becomes insolvent within 12 months, 23.9 times the average for active companies (very high risk).

Insolvency risk, next 12 months

2.78 %
Very high risk
Lowest riskHighest risk

Higher than 99 % of active companies in the United Kingdom. 23.9× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent

Lowers the risk

Accounts filed0.5×0–3 · 0.06 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
11001963 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
9 Oct 2017 (9 years)
Registered address
BN11 3DQ WORTHING
Postcode area
Brighton
Activity
56102 Unlicensed restaurants and cafes
Industry
Food and beverage service activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202215 Jul 2023– –£6,516£45k £36k–4
31 Oct 201915 Oct 2020– –£19k£68k £49k–9

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Brighton

Questions about LITE GROUP LIMITED

What is the company number of LITE GROUP LIMITED?

LITE GROUP LIMITED is registered under company number 11001963 in the official register of United Kingdom. View it at the official register.

Is LITE GROUP LIMITED still active?

Yes. LITE GROUP LIMITED is registered as active (status: Active - Proposal to Strike off).

Has LITE GROUP LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for LITE GROUP LIMITED in the official data.

How likely is LITE GROUP LIMITED to become insolvent?

Our model estimates a 2.78 % probability that LITE GROUP LIMITED becomes insolvent within the next 12 months (very high risk). That is higher than 99 % of active companies in the United Kingdom.

When was LITE GROUP LIMITED founded?

LITE GROUP LIMITED was incorporated on 9 Oct 2017.

Where is LITE GROUP LIMITED registered?

LITE GROUP LIMITED's registered address is in BN11 3DQ WORTHING (Brighton), United Kingdom.

What do the latest accounts of LITE GROUP LIMITED show?

The latest published accounts (period ending 31 Oct 2022) show equity of £6,516, total assets of £45k, 4 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.