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Plan B Projects

08041010

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UNIT 4 ADDINGTON BUSINESS CENTRE VULCAN WAY, CROYDON, CR0 9UG
Incorporated 23/04/2012

Compliance

Last accounts

30/04/2024

total exemption full

Next accounts due

31/01/2026

Overdue

Confirmation statement

Last: 09/12/2025

Due 23/12/2026

On track

Industry

85600
Educational support services
88990
Other social work activities without accommodation
96040
Physical well-being activities
96090
Other personal service activities

Officers

Chika Iwenofu

secretary · Since 23/04/2012

Mrs Bolanle Faosat Iwenofu

director · Since 23/04/2012

EDUCATION

BRITISH · ENGLAND · Age 65

Also on 1 other board

Persons with Significant Control

Mrs Bolanle Iwenofu

25–50% shares
25–50% votes
Appoint directors

British · England · Age 65

33, Foxearth Road, South Croydon, CR2 8EL

Notified 06/04/2016

Miss Chika Temiloluwa Iwenofu

25–50% shares
25–50% votes

British · United Kingdom · Age 32

30, Holmewood Road, London, SE25 6UY

Notified 10/12/2022

CompanyRankvs 18055+ SIC 85600 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 30/04/2024

Net Worth

-£76k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£76k

Working capital

Current Assets

£58k

Current Liabilities

£134k

Debtors

£56k

Profit After Tax

-£43k

0avg. employees

Tax at Year End

Corp tax£765

Balance Sheet

Assets less current liabilities-£76k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43-£48k
20230.74-£43k
20221.12+£5k
20211.06-£13k
20201.13-£4k
20191.14-£8k
20181.21

Derived from filed accounts. Not audited figures.