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Mw (Ho) Foundation

07073428

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

2ND FLOOR - PARKGATES BURY NEW ROAD, MANCHESTER, M25 0TL
Incorporated 11/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mrs Hilary Phyllis Olsberg

director · Since 01/12/2009

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 8 other boards

Mr David Olsberg

director · Since 08/12/2011

ACCOUNTANT

BRITISH · ENGLAND · Age 68

Also on 37 other boards

Persons with Significant Control

Mrs Hilary Phyllis Olsberg

25–50% votes

British · England · Age 67

2nd Floor - Parkgates, Bury New Road, Manchester, M25 0TL

Notified 11/11/2016

Mr David Olsberg

25–50% votes

British · England · Age 68

2nd Floor - Parkgates, Bury New Road, Manchester, M25 0TL

Notified 11/11/2016

Charges1 outstanding

Charge
outstanding

BRIMO CAPITAL LTD

Created 13/11/2023Registered 15/11/2023
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 13/02/2018Registered 19/02/2018Satisfied 22/12/2024

CompanyRankvs 845+ SIC 94990 peers
58

Financial strength99th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 5.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees3/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the 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 did not requ

Key FinancialsYear ending 31/12/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£594k

Working capital

Current Assets

£742k

Current Liabilities

£148k

Debtors

£151k

0avg. employees

Balance Sheet

Assets less current liabilities£2.0M
Interest receivable£41k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024_Charity

EstimatesDerived

YearCurrent RatioImplied Profit
20245.01+£12k
20233.80-£274k
20228.93-£190k
202118.00

Derived from filed accounts. Not audited figures.