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My New Canvas C.I.C.

08860976

active
Community Interest Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

FLAT 6, 120 CLARENDON ROAD, SOUTHSEA, PO4 0SF
Incorporated 24/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Pravin Isram

director · Since 24/01/2014

NONE

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Pravin Isram

Significant control

British · England · Age 41

Flat 6, 120, Clarendon Road, Southsea, PO4 0SF

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

RBS SOCIAL & COMMUNITY CAPITAL

Created 08/05/2017Registered 13/05/2017

CompanyRankvs 12748+ SIC 56102 peers
38

Financial strength10th percentile among SIC peers · 3/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.95× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

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

Longevity12/15 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 31/03/2025

Net Worth

-£44k

Balance sheet strength

Cash

£469

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£19k

Current Liabilities

£10k

Fixed Assets

£4k

Debtors

£19k

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£13k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.95+£0
20251.95

Derived from filed accounts. Not audited figures.