Back to search

Changing Arrows Cic

08212113

active
Community Interest Company
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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

54 NORCOT ROAD, READING, RG30 6BU
Incorporated 12/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mr Vaundel Samuel Brackin

director · Since 12/09/2012

MANAGING DIRECTOR / PRODUCTION ENGINEER

VINCENTIAN · ENGLAND · Age 45

Also on 1 other board

Mrs Zanele Miriam Brackin

director · Since 12/09/2012

MANAGING DIRECTOR / COUNSELLOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Simon Watson

director · Since 12/09/2012

IT CONSULTANT

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Mr Vaundel Samuel Brackin

25–50% votes
Appoint directors
Significant control

Vincentian · England · Age 45

54, Norcot Road, Reading, RG30 6BU

Notified 06/04/2016

Mrs Zanele Miriam Brackin

25–50% votes
Appoint directors
Significant control

British · England · Age 39

54, Norcot Road, Reading, RG30 6BU

Notified 06/04/2016

Mr Simon Watson

Significant control

British · England · Age 57

54, Norcot Road, Reading, RG30 6BU

Notified 06/04/2016

CompanyRankvs 1848+ SIC 88990 peers
74

Financial strength55th percentile among SIC peers · 14/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.16× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Royal National Mission To Deep Sea Fishermen(The)
90
2Catholic Childrens' Society (Westminster)(The)
90
3Wycombe Islamic Mission And Mosque Trust Limited
90
4Fresh Futures (Ncc)
90
5Age Concern Kingston Upon Thames
90
6St Martins Housing Trust
90
7Co-Options Ltd.
90
8Nottingham Mencap
90
9St. Michael'S Homes Limited
90
10East Birmingham Community Forum Ltd.
90
1848Changing Arrows Cic
73
How is this score calculated?
Financial strength14/25 pts

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

Employees11/15 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.

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 31/10/2023

Turnover

£19k

Annual revenue

Net Worth

£2k

Balance sheet strength

Cash

£521

Cash in the bank

Profit Before Tax

-£515

Bottom line earnings

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£291

Fixed Assets

£386

Debtors

£1k

Gross Profit

£19k

Admin Expenses

£20k

Operating Profit

-£515

2avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20236.16

Derived from filed accounts. Not audited figures.