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Forum Music & Arts C.I.C.

07026912

active
Community Interest Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

10 UPPER GROSVENOR ROAD, TUNBRIDGE WELLS, TN1 2EP
Incorporated 23/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars
90010
Performing arts
90020
Support activities to performing arts
90040
Operation of arts facilities

Officers

Mr Jason Richard Dormon

director · Since 25/09/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 10 other boards

Mr Richard James Alfred Simm

director · Since 22/05/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 6 other boards

Persons with Significant Control

Mr Jason Richard Dormon

25–50% shares

British · United Kingdom · Age 57

10, Upper Grosvenor Road, Tunbridge Wells, TN1 2EP

Notified 06/04/2016

Mr Richard Simm

25–50% shares

British · England · Age 44

10, Upper Grosvenor Road, Tunbridge Wells, TN1 2EP

Notified 06/04/2016

CompanyRankvs 839+ SIC 56302 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 8.83× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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839Forum Music & Arts C.I.C.
79
How is this score calculated?
Financial strength24/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£475k

Balance sheet strength

Cash

£455k

Cash in the bank

Net Current Assets

£429k

Working capital

Current Assets

£483k

Current Liabilities

£55k

Fixed Assets

£47k

Debtors

£28k

2avg. employees

Balance Sheet

Assets less current liabilities£475k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20258.83+£0
20258.83—

Derived from filed accounts. Not audited figures.