Back to search

Wise Thoughts

03758786

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR WOOD GREEN LIBRARY, LONDON, N22 6XD
Incorporated 21/04/1999

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/06/2025

Due 05/07/2026

On track

Industry

63990
Other information service activities
85520
Cultural education
88100
Social work activities without accommodation for the elderly and disabled
90030
Artistic creation

Officers

Ms Bhavini Chavda

director · Since 30/05/2002

ADMINISTRATION

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Ms Bhavini Chavda

secretary · Since 12/07/2004

ADMINISTRATION

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Tim Hoyle

director · Since 05/10/2007

PROJECT MANAGER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Professor Rainer Uwe Willy Schulze

director · Since 10/02/2017

PROFESSOR EMERITUS, MODERN EUROPEAN HIOS

GERMAN · UNITED KINGDOM · Age 72

Ms Vanita Bhavnani

director · Since 13/03/2026

BRITISH · UNITED KINGDOM · Age 63

CompanyRankvs 7698+ SIC 63990 peers
41

Financial strength72th percentile among SIC peers · 18/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Society Of Genealogists(The)
90
2Nus Consulting Group Limited
90
3Oral Health Foundation
90
4Esp Systex Limited
90
5Wenta
90
6Unusual Industries Limited
90
7Ovationdata Limited
90
8Ecctis Limited
90
9The Five Lamps Organisation
90
10International Art And Antique Loss Register Limited
90
7698Wise Thoughts
51
How is this score calculated?
Financial strength18/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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

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

Going Concern Doubt

requirements and stated in the financial report. The Treasurer is responsible for proposing to the Board the balance of cash on deposit and investments, and acts on the Board's instructions. Going concern The accounts have been prepared on a going concern basis. The trustees are aware however of material uncertainties that cast doubt on the charity's ability to continue as a going concern

Key FinancialsYear ending 31/03/2025

Net Worth

£16k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

—

Current Liabilities

£4k

Fixed Assets

£2k

0avg. employees

People Costs(2021)

Wages & salaries£63k
NI contributions£2k

Balance Sheet

Assets less current liabilities£16k
Interest receivable£1k
Signed by Ms Bhavini Chavda - ChairPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£6k
2024—-£1k
2023—-£2k
202220.84+£4k
202116.89+£5k
202012.19—

Derived from filed accounts. Not audited figures.