ISANSYS LIFECARE LIMITED

Company number 07235507 ·

Liquidation

The confirmation statement for this company is overdue.

Executive summary

ISANSYS LIFECARE LIMITED is in critical financial health, scoring an F grade due to terminal insolvency with net liabilities exceeding £11 million and a Companies House status of "Liquidation." The company has been sustained entirely through convertible loans from Zip Address Ltd (controlled by PSC Keith Errey) and has accumulated over £12 million in losses over 13+ years of operation without achieving commercial viability. With current liabilities nearly three times current assets and the company's status indicating formal liquidation proceedings, the prognosis is poor – value can only be preserved through an expedited sale of the underlying medical device technology and intellectual property, likely under the direction of a liquidator.

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Shareholders' funds

-£12,177,700

Balance sheet as at 2023-12-31

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Overview

Company type
Private Limited Company
Incorporated
2010-04-27
Registered office
Centenary House, Peninsula Park, Rydon Lane, Exeter, Devon, EX2 7XE
Postcode
EX2 7XE
Capital
252 GBP
Accounts category
Total Exemption Full
Charges
0 outstanding

Accounts

Last made up to
2023-12-31
Next due by
2025-09-30
Financial year end
31 December

Confirmation statement

Last statement dated
2024-04-27
Next due by
2025-05-11 Overdue
View filing history →

Nature of business (SIC)

  • 32500 Manufacture of medical and dental instruments and supplies

Officers 4 current · 1 resigned

Appointed 2013-01-10
Appointed 2013-01-10
Appointed 2010-07-14
Appointed 2010-04-27

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Contact details

Website
isansys.com

Previous registered addresses 1

AddressChanged on
WILLOW COURT 7 WEST WAY, BOTLEY, OXFORD, OX2 0JB, UNITED KINGDOM2012-07-12

The class of 2010

21%

of the 376,892 companies incorporated in 2010 are still active today; 77% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →