The Welfare Association
02809950
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 10/04/2026
Due 24/04/2027
Industry
Officers
director · Since 23/07/2024
INVESTMENT ADVISER
BRITISH · ENGLAND · Age 45
Also on 1 other board
director · Since 03/07/2025
PRACTICE MANAGER
BRITISH · ENGLAND · Age 48
Also on 1 other board
director · Since 03/07/2025
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 2 other boards
director · Since 27/07/2025
ENGINEER
BRITISH · UNITED KINGDOM · Age 35
Also on 1 other board
director · Since 18/11/2025
BRITISH · ENGLAND · Age 35
Also on 1 other board
secretary · Since 28/04/2026
CompanyRankvs 446+ SIC 88990 peers75
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Companies Act 2006 and Charities Act 201 1 . The financial statements are prepared in sterling, which is the functional currency of the charity. Amounts presented are rounded to the nearest pound.2.Going ConcernThe trustees have assessed whether the use of going concern is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charitab
Key FinancialsYear ending 31/12/2021
Net Worth
£680k
Balance sheet strength
Cash
£681k
Cash in the bank
Net Current Assets
£679k
Working capital
Current Assets
£694k
Current Liabilities
£15k
Fixed Assets
£1k
Debtors
£13k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 45.54 | +£87k |
| 2020 | 4.61 | — |
Derived from filed accounts. Not audited figures.