Ladies Association Of British Barbershop Singers
08380019
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 23/03/2024
CompanyRankvs 1324+ SIC 90010 peers64
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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
reserve level is £263,802 (2024: £241.179). The total unrestricted reserves held at 31 December 2025 were £344,259 (2024: £322,925). This is more than the target as a surplus arose in the year. Going concern The Trustees consider there are no material uncertainties about the charity's ability to continue as a going concern. This is evidenced by the fact that total reserves held (£368,062) wo
Key FinancialsYear ending 31/12/2025
Net Worth
£344k
Balance sheet strength
Cash
£351k
Cash in the bank
Net Current Assets
£396k
Working capital
Current Assets
£397k
Current Liabilities
£673
Fixed Assets
£110
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 589.55 | +£0 |
| 2025 | 589.55 | +£21k |
| 2024 | 202.20 | +£37k |
| 2023 | 6860.74 | -£6k |
| 2022 | 6749.30 | -£27k |
| 2021 | 170.74 | +£39k |
| 2020 | 7.73 | — |
Derived from filed accounts. Not audited figures.