South Wales Baptist Association (Bugb)
04336086
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 02/12/2025
Due 16/12/2026
Industry
Officers
secretary · Since 14/06/2019
director · Since 11/03/2020
BAPTIST MINISTER
BRITISH · WALES · Age 53
Also on 1 other board
director · Since 12/11/2020
FINANCE OFFICER/MANAGER
WELSH · WALES · Age 43
Also on 1 other board
director · Since 26/02/2024
BAPTIST MINISTER AND TUTOR
BRITISH · WALES · Age 58
CompanyRankvs 105+ SIC 94910 peers76
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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
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 concer
Key FinancialsYear ending 31/12/2021
Net Worth
£317k
Balance sheet strength
Cash
£186k
Cash in the bank
Net Current Assets
£183k
Working capital
Current Assets
£188k
Current Liabilities
£5k
Fixed Assets
£202k
Debtors
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 35.63 | -£423k |
| 2020 | 48.01 | -£49k |
| 2019 | 57.49 | — |
Derived from filed accounts. Not audited figures.