CHEAPLIFE LTD

Company number 12602438 · Active

CHEAPLIFE LTD is a private limited company registered in HULL, United Kingdom, incorporated on 14 May 2020. Its registered activity is retail sale of clothing in specialised stores. Its latest published accounts for the period ending 31 May 2025 show equity of £3,454, total assets of £3,454, turnover of £43k, a result of −£5,181. It has filed 5 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Accounts filed2.9×3–6 · 0.34 % became insolvent
Loss2.7×1 · 0.31 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Turnover growth2.4×-0.576113–-0.214514 · 0.28 % became insolvent
Loss two years running2.4×1 · 0.28 % became insolvent
Accounts type1.9×with p&l · 0.22 % became insolvent

Lowers the risk

Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Turnover (log)0.3×3.94176–4.75479 · 0.03 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Accounts overdue0.8×0 · 0.09 % 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
12602438 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
14 May 2020 (6 years)
Registered address
HU3 2BS HULL
Postcode area
Hull
Activity
47710 Retail sale of clothing in specialised stores
Industry
Retail trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Feb 2026£43k −£5,181£3,454£3,454 £0–1
31 May 202415 Jun 2024£62k −£3,495£5,744£5,644 £0–1
31 May 202315 Feb 2024– –£3,100£3,000 £0–1
31 May 202215 Feb 2023– –£1– –––
31 May 202115 Mar 2022– –£1– –––

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

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Questions about CHEAPLIFE LTD

What is the company number of CHEAPLIFE LTD?

CHEAPLIFE LTD is registered under company number 12602438 in the official register of United Kingdom. View it at the official register.

Is CHEAPLIFE LTD still active?

Yes. CHEAPLIFE LTD is registered as active (status: Active).

Has CHEAPLIFE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for CHEAPLIFE LTD in the official data.

How likely is CHEAPLIFE LTD to become insolvent?

Our model estimates a 0.00 % probability that CHEAPLIFE LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was CHEAPLIFE LTD founded?

CHEAPLIFE LTD was incorporated on 14 May 2020.

Where is CHEAPLIFE LTD registered?

CHEAPLIFE LTD's registered address is in HU3 2BS HULL (Hull), United Kingdom.

What do the latest accounts of CHEAPLIFE LTD show?

The latest published accounts (period ending 31 May 2025) show equity of £3,454, total assets of £3,454, turnover of £43k, a result of −£5,181, 1 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 8 Nov 2026.