Chess Promotions Ltd
07152226
Some Concerns
- 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
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 15/02/2010
Persons with Significant Control
Chess In Schools And Communities
44, Baker Street, London, W1U 7RT
Reg: 1133120 · Charity Commision For England And Wales · Charity
Notified 06/04/2016
CompanyRankvs 12955+ SIC 93199 peers33
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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 31/08/2021
Turnover
£11k
Annual revenue
Net Worth
-£307
Balance sheet strength
Cash
£78k
Cash in the bank
Profit Before Tax
-£319
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£78k
Current Liabilities
£79k
Debtors
£453
Gross Profit
£11k
Admin Expenses
£11k
Profit After Tax
-£319
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 1.00 | — |
| 2020 | 1.28 | +£9k |
| 2019 | 1.18 | — |
Derived from filed accounts. Not audited figures.