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A Better Tomorrow C.I.C.

08828406

active
Community Interest Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PARK LANE CENTRE PARK LANE, TELFORD, TF7 5QZ
Incorporated 31/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Paul Francis Gallagher

director · Since 31/12/2013

NONE

BRITISH · UNITED KINGDOM · Age 62

Kathleen Elizabeth Livingstone

director · Since 31/12/2013

NONE

BRITISH · UNITED KINGDOM · Age 57

Mr Martin John Cantrill

director · Since 21/05/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Scott Morgan

director · Since 21/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Mr Mark William Harris

director · Since 19/08/2024

INDEPENDENT NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 14 other boards

Persons with Significant Control

Mrs Kathleen Elizabeth Livingstone

Significant control

British · England · Age 57

Park Lane Centre, Park Lane, Telford, TF7 5QZ

Notified 06/04/2016

Mr Scott Alan Morgan

Significant control

British · United Kingdom · Age 48

Park Lane Centre, Park Lane, Telford, TF7 5QZ

Notified 22/04/2026

Mr Martin John Cantrill

Significant control

British · United Kingdom · Age 54

Park Lane Centre, Park Lane, Telford, TF7 5QZ

Notified 22/04/2026

Mr Paul Francis Gallagher

Significant control

British · United Kingdom · Age 62

Park Lane Centre, Park Lane, Telford, TF7 5QZ

Notified 22/04/2026

Charges2 outstanding

Charge
outstanding

THE CHARITY BANK LIMITED

Created 31/01/2025Registered 03/02/2025
Charge
outstanding

THE CHARITY BANK LIMITED

Created 31/01/2025Registered 03/02/2025

CompanyRankvs 688+ SIC 88990 peers
74

Financial strength87th percentile among SIC peers · 22/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.48× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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688A Better Tomorrow C.I.C.
83
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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.

Longevity13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2023

Turnover

£962k

Annual revenue

Net Worth

£92k

Balance sheet strength

Cash

£87k

Cash in the bank

Profit Before Tax

£69k

Bottom line earnings

Net Current Assets

£87k

Working capital

Current Assets

£107k

Current Liabilities

£19k

Fixed Assets

£5k

Debtors

£20k

Cost of Sales

£254k

Gross Profit

£709k

Admin Expenses

£639k

Operating Profit

£69k

15avg. employees

Balance Sheet

Assets less current liabilities£92k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20235.48

Derived from filed accounts. Not audited figures.