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New Kadampa Tradition - International Kadampa Buddhist Union

02758093

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

CONISHEAD PRIORY, ULVERSTON, LA12 9QQ
Incorporated 22/10/1992

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/09/2025

Due 09/10/2026

On track

Industry

94910
Activities of religious organisations

Officers

Mr Stephen Paul Cowing

secretary · Since 04/06/2007

CHARITY ADMINISTRATION

BRITISH · Age 68

Also on 1 other board

Mr Henry Freymueller Shefveland

director · Since 10/01/2016

MINISTER OF RELIGION

AMERICAN · UNITED STATES · Age 57

Also on 1 other board

Ms Lisa Marie Devine

director · Since 05/08/2021

CHARITY ADMINISTRATION

BRITISH · UNITED KINGDOM · Age 46

Ms. Mary Estelle Cansdale

director · Since 29/11/2023

ADMINISTRATOR

BRITISH · ENGLAND · Age 62

Also on 10 other boards

Ms Claire Dawn Hughes

director · Since 10/04/2026

BRITISH · MEXICO · Age 51

Charges5 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 29/07/2019Registered 05/08/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 31/07/2019Registered 31/07/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 12/12/2018Registered 14/12/2018
charge
outstanding

BARCLAYS BANK PLC

Created 29/08/2012Registered 30/08/2012
charge
outstanding

BARCLAYS BANK PLC

Created 29/08/2012Registered 30/08/2012
charge
satisfied

BARCLAYS BANK PLC

Created 29/08/2012Registered 30/08/2012Satisfied 02/09/2021
charge
satisfied

TRIDOS BANK NV

Created 05/10/2006Registered 14/10/2006Satisfied 30/08/2012
charge
satisfied

TRIDOS BANK NV

Created 05/10/2006Registered 14/10/2006Satisfied 30/08/2012

CompanyRankvs 105+ SIC 94910 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going con

Key FinancialsYear ending 31/12/2024

Net Worth

£44.3M

Balance sheet strength

Cash

£5.4M

Cash in the bank

Net Current Assets

£14.2M

Working capital

Current Assets

£18.6M

Current Liabilities

£4.4M

Fixed Assets

£31.9M

Debtors

£12.3M

39avg. employees

People Costs

Wages & salaries£324k

Balance Sheet

Bank loans & overdrafts£216k
Assets less current liabilities£46.2M
Interest receivable£6k
Signed by H C WrightPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.27+£2.7M
20232.88+£1.3M
20224.30+£5.0M
20215.87+£2.2M
202013.23+£4.1M
20199.86

Derived from filed accounts. Not audited figures.