Development Initiatives Poverty Research Limited
06368740
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 28/03/2017
director · Since 04/02/2019
CHIEF, PERFORMANCE MANAGEMENT AND ACCOUN
KENYAN · UNITED STATES · Age 59
director · Since 04/02/2019
PROFESSOR
NIGERIAN · UNITED STATES · Age 63
Also on 1 other board
director · Since 04/02/2019
CEO
BRITISH · UNITED KINGDOM · Age 56
Also on 1 other board
director · Since 10/10/2019
FOUNDER AND DIRECTOR OF ON OUR RADAR LTD
ENGLISH · ENGLAND · Age 42
Also on 1 other board
director · Since 01/03/2021
RETIRED
BRITISH · ENGLAND · Age 72
Also on 1 other board
director · Since 19/04/2023
CHIEF EXECUTIVE OFFICER
ENGLISH · ENGLAND · Age 56
Also on 3 other boards
Persons with Significant Control
Former PSCs
Mrs Harpinder Kaur Athwal Collacott
Ceased 15/11/2022
CompanyRankvs 15+ SIC 82990 peers26
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 directors with respect to going concern are d
Key FinancialsYear ending 31/12/2022
Turnover
£5.4M
Annual revenue
Net Worth
-£87k
Balance sheet strength
Cash
£1.6M
Cash in the bank
Profit Before Tax
-£719k
Bottom line earnings
Net Current Assets
-£290k
Working capital
Current Assets
£2.4M
Current Liabilities
£2.6M
Fixed Assets
£215k
Debtors
£775k
Admin Expenses
£6.1M
Operating Profit
-£687k
Profit After Tax
-£720k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.89 | -£720k |
| 2021 | 1.21 | +£207k |
| 2019 | 1.11 | — |
Derived from filed accounts. Not audited figures.