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The Solace Community

09033325

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

WEST POINT, SECOND FLOOR MUCKLOW OFFICE PARK, HALESOWEN, B62 8DY
Incorporated 09/05/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/05/2026

Due 23/05/2027

On track

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mrs Susan Bowdler

director · Since 09/05/2014

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 59

Also on 13 other boards

Mr Thomas Joseph Harvey Beswick

director · Since 04/11/2014

NON EXECUTIVE DIRECTOR

BRITISH · UNITED STATES · Age 63

Mr Daniel Charles Key Ba Hons

director · Since 16/12/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 11 other boards

Mrs Lynda Anne Hewson

director · Since 14/02/2022

DIRECTOR

BRITISH · ENGLAND · Age 67

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/05/2015Registered 29/05/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 15/05/2015Registered 26/05/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 15/05/2015Registered 26/05/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 15/05/2015Registered 20/05/2015

CompanyRankvs 4577+ SIC 87200 peers
39

Financial strength7th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4577The Solace Community
45
How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 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 31/03/2026

Net Worth

-£10k

Balance sheet strength

Cash

£65k

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£102k

Current Liabilities

£137k

Fixed Assets

£30k

Debtors

£38k

27avg. employees+27

Balance Sheet

Assets less current liabilities-£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20260.75-£42k
2025—+£27k
20240.93+£25k
20230.89—

Derived from filed accounts. Not audited figures.