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Truro Cathedral Limited

04917372

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

OLD CATHEDRAL SCHOOL, TRURO, TR1 2FQ
Incorporated 01/10/2003

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/10/2024

Due 15/10/2025

Overdue

Industry

47190
Other retail sale in non-specialised stores
56101
Licensed restaurants

Officers

Mr Simon Francis Hendra

director · Since 19/05/2007

PHARMACIST

BRITISH · ENGLAND · Age 68

Also on 8 other boards

Mrs Joy Rosemary Reynolds

director · Since 19/05/2007

RETIRED

BRITISH · ENGLAND · Age 86

Also on 1 other board

Revd Alan Bashforth

director · Since 01/10/2018

MINISTER OF RELIGION

BRITISH · ENGLAND · Age 64

Revd Canon Simon Mark Griffiths

director · Since 01/10/2018

MINISTER OF RELIGION

BRITISH · ENGLAND · Age 64

Also on 1 other board

Mr Sean O'Neill

secretary · Since 05/05/2020

Persons with Significant Control

The Chapter Of Truro Cathedral

75–100% shares

Old Cathedral School, Cathedral Close, Truro, TR1 2FQ

Reg: Na · Na · Cathedral

Notified 18/10/2022

Former PSCs

Dean Roger Charles Bush

Ceased 25/09/2022

CompanyRankvs 11101+ SIC 47190 peers
40

Financial strength3th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease opera

Key FinancialsYear ending 31/12/2023

Turnover

£112k

Annual revenue

Net Worth

-£98k

Balance sheet strength

Cash

£9k

Cash in the bank

Profit Before Tax

-£64k

Bottom line earnings

Net Current Assets

-£40k

Working capital

Current Assets

£54k

Current Liabilities

£94k

Fixed Assets

£79k

Debtors

£3k

Cost of Sales

£42k

Gross Profit

£71k

Admin Expenses

£130k

Operating Profit

-£59k

Profit After Tax

-£64k

5avg. employees-7

Balance Sheet

Assets less current liabilities£39k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.58-£64k
20221.37-£27k
20212.26+£2k
20192.11

Derived from filed accounts. Not audited figures.