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Tyneside Irish Cultural Society Limited

02892258

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

43-49 GALLOWGATE, NEWCASTLE UPON TYNE, NE1 4SG
Incorporated 27/01/1994

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/03/2026

Due 15/03/2027

On track

Industry

90030
Artistic creation

Officers

Mr Anthony Richard Corcoran

director · Since 27/01/1994

LECTURER

BRITISH · UNITED KINGDOM · Age 84

Dr. Sarah Campbell

director · Since 01/04/2019

LECTURER

IRISH · UNITED KINGDOM · Age 44

Mr Liam Haughton

director · Since 01/04/2019

MANAGER

IRISH · UNITED KINGDOM · Age 57

Also on 1 other board

Ms Barbara Flynn

director · Since 01/01/2023

RETIRED

BRITISH · ENGLAND · Age 71

Mr Brian James Hegarty

director · Since 17/01/2023

SOLICITOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Anthony Corcoran

Significant control

British · England · Age 84

Glebe House, Glebe Road, Newcastle Upon Tyne, NE12 7JQ

Notified 06/04/2016

Former PSCs

Mrs Mary Kelly

Ceased 01/12/2023

Mr Bernard Fitzgibbon

Ceased 01/04/2019

CompanyRankvs 16840+ SIC 90030 peers
45

Financial strength10th percentile among SIC peers · 3/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£9k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£24k

Current Liabilities

£29k

Fixed Assets

£190

1avg. employees-1

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities-£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83+£5k
20240.81-£6k
20230.83-£23k
20222.19-£8k
2021+£13k
2020+£7k

Derived from filed accounts. Not audited figures.