Walsall Creative Factory Cic
08834798
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/01/2017
PRINCIPAL CREATIVE DEVELOPMENT OFFICER
BRITISH · ENGLAND · Age 64
director · Since 07/08/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 1 other board
Persons with Significant Control
Ms Debra Slade
British · England · Age 64
1, Westbourne Street, Walsall, WS4 2JB
Notified 15/10/2019
Former PSCs
Mr Haroon Ravat
Ceased 27/10/2019
CompanyRankvs 14519+ SIC 90030 peers51
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£11k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
-£115
Working capital
Current Assets
£11k
Current Liabilities
£11k
Fixed Assets
£0
Debtors
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.99 |
| 2024 | 0.98 |
| 2023 | 0.99 |
Derived from filed accounts. Not audited figures.