How much does Cheaplife Ltd make?

Cheaplife Ltd reported revenue of £43k and a loss of £5.2k in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Cheaplife Ltd have?

Cheaplife Ltd reported an average of 1 employee in the year to 31 May 2025.

Is Cheaplife Ltd profitable?

No — Cheaplife Ltd reported a loss of £5.2k in the year to 31 May 2025.

Company No. 12602438 · Incorporated 14 May 2020

Cheaplife Ltd

Registered name: CHEAPLIFE LTD

Cheaplife Ltd made £43k revenue and a £5.2k loss in the year to 31 May 2025.

Cheaplife Ltd’s revenue fell 30% to £43k in the year to 31 May 2025, with a loss of £5.2k and 1 employee. The company is classified under “retail sale of clothing in specialised stores” and is based in Hull; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47710Retail sale of clothing in specialised stores

Status: Active
Location: Hull, Yorkshire and The Humber
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamCapital-light

Revenue

£43k

Growth ▼30.2%

Profit

−£5.2k

Growth —

Profit margin

−12.1%

Employees

Change 0%

Profit / employee

−£5.2k

Revenue/employee £43k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£61.5k	£43k
Profit after tax	—	—	−£3.5k	−£5.2k
Profit (best available)	—	—	−£3.5k	−£5.2k
Staff costs	—	—	£5.3k	£4.5k
Employees (average)	1	1	1	1
Ratios
Profit margin	—	—	−5.7%	−12.1%
Revenue per employee	—	—	£61.5k	£43k
Profit per employee	—	—	−£3.5k	−£5.2k
Growth (year on year)
Revenue growth	—	—	—	▼30.2%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Net assets	£1.3k	£3.1k	£5.7k	£3.5k
Fixed assets	£0	£0	£0	£0
Current assets	£1.2k	£3k	£5.6k	£3.5k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −12.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £43k; Revenue ÷ average employees.
Profit per employee: −£5.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼40%; Now £3.5k
Cash at bank: —; Now —
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now £0

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit −£5.2k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.