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The Ubele Initiative C.I.C.

09035399

active
private limited guarant nsc
CIC
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)

Details

Wolves Lane Horticultural Centre, Wolves Lane, London, N22 5JD
Incorporated 12/05/2014

Previously known as

The Ubele Initiative · until 23/01/2023

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/05/2026

Due 26/05/2027

On track

Industry

85520
Cultural education

Officers

Yvonne Anita Field

director · Since 18/09/2017

British · England · Age 66

Enyinnaya Philip Udeh

director · Since 01/10/2017

British · England · Age 44

Former

Kathi Gail Coaston

director · Resigned 01/10/2017

Barbara Pamela Gray

director · Resigned 24/08/2018

Aisha Sharif

director · Resigned 24/08/2018

Michael Earl Hamilton

director · Resigned 29/01/2025

Persons with Significant Control

Mr Enyinnaya Philip Udeh

25–50% votes

British · England · Age 44

Wolves Lane Horticultural Centre, Wolves Lane, London, N22 5JD

Notified 24/08/2018

Ms Yvonne Anita Field

25–50% votes

British · England · Age 66

Wolves Lane Horticultural Centre, Wolves Lane, London, N22 5JD

Notified 24/08/2018

Former PSCs

Mr Michael Earl Hamilton

Ceased 29/01/2025

Change History

officer appointedFIELD, Yvonne Anita
2026-06-10
officer appointedUDEH, Enyinnaya Philip
2026-06-10
statusactive
2026-06-10

Active

typeprivate-limited-guarant-nsc
2026-06-10

Community Interest Company

address line1Wolves Lane Horticultural Centre
2026-06-10

WOLVES LANE HORTICULTURAL CENTRE

post townLondon
2026-06-10

LONDON

CompanyRankvs 339+ SIC 85520 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/03/2024

Turnover

£3.0M

Annual revenue

Net Worth

£79k

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

-£103k

Bottom line earnings

Net Current Assets

£71k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.5M

Fixed Assets

£8k

Debtors

£561k

Cost of Sales

£0

Gross Profit

£3.0M

Admin Expenses

£3.1M

Operating Profit

-£103k

17avg. employees+13

Tax at Year End(2020)

Corp tax£90

Balance Sheet

Intangible assets£0
Assets less current liabilities£79k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.05+£75k
20201.02+£383
20191.05+£119
20181.04

Derived from filed accounts. Not audited figures.