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Tow Law Community Association

06244260

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

TOW LAW COMMUNITY CENTRE, BISHOP AUCKLAND, DL13 4AW
Incorporated 11/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education
93290
Other amusement and recreation activities

Officers

Jennifer Flynn

secretary · Since 11/05/2007

BRITISH · ENGLAND · Age 74

Also on 1 other board

Jennifer Flynn

director · Since 11/05/2007

SOLICITOR

BRITISH · ENGLAND · Age 74

Also on 1 other board

Denise Thornton

director · Since 24/02/2009

HOUSEWIFE

BRITISH · ENGLAND · Age 58

Mr Paul Robert George Stokes

director · Since 31/03/2013

COMPANY DIRECTOR

UNITED KINGDOM · ENGLAND · Age 75

Mrs Fiona Sheila Nicol

director · Since 28/09/2017

CHARITY TRUSTEE

BRITISH · ENGLAND · Age 73

Mrs Marion Craggs

director · Since 26/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Mr Barry Merchant

director · Since 30/09/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Former

Ms Erica Thorpe

director · Resigned 10/05/2026

CompanyRankvs 1283+ SIC 85590 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 73.01× · 20/20
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 strength25/25 pts

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

Employees7/15 pts

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

Liquidity20/20 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

measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. The entity is a Public Benefit Entity. Going Concern There are no material uncertainties about the charity’s ability to continue . Judgements and Key Sources of Estimation Uncertainty The preparation of the financial statements requires ma

Key FinancialsYear ending 31/03/2025

Net Worth

£505k

Balance sheet strength

Cash

£44k

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£49k

Current Liabilities

£670

Fixed Assets

£457k

Debtors

£5k

1avg. employees

People Costs

Wages & salaries£10k

Balance Sheet

Assets less current liabilities£505k
Interest receivable£780
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024_Charity

EstimatesDerived

YearCurrent Ratio
202573.01

Derived from filed accounts. Not audited figures.