# CHEAPLIFE LTD (12602438)

> CHEAPLIFE LTD is an active private limited company (company number 12602438) incorporated on 14 May 2020, registered in Hull. Its registered activity is retail sale of clothing in specialised stores (SIC 47710). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £3,454, with 1 employee on average. Turnover was £43k and profit for the year −£5,181. Net assets fell 56% on the prior period (£7,766).

- Status: Active
- Incorporated: 2020-05-14
- Registered office: Hull, HU3 2BS
- SIC 47710: Retail sale of clothing in specialised stores
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-28
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 1,838 comparable companies in Other (median £1,006, upper quartile £27k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £3,454 | — | — | £0 | £43k | −£5,181 | 1 |
| 2024-05-31 | £7,766 | — | — | £0 | £58k | −£2,771 | — |

net margin -12.1%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £3,454 at 31 May 2025
- Net assets down 25% or more on the prior period: -55.5% vs prior period
- Incorporated five or more years ago: Incorporated 14 May 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Jack Taylor-Stafford — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-05-14

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12602438
HTML: https://firmoscan.com/company/12602438-cheaplife-ltd