The Ubele Initiative C.I.C.
09035399
Healthy
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 12/05/2026
Due 26/05/2027
Industry
Officers
Former
director · Resigned 01/10/2017
director · Resigned 24/08/2018
director · Resigned 24/08/2018
director · Resigned 29/01/2025
Persons with Significant Control
Mr Enyinnaya Philip Udeh
British · England · Age 44
Wolves Lane Horticultural Centre, Wolves Lane, London, N22 5JD
Notified 24/08/2018
Ms Yvonne Anita Field
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
Active
Community Interest Company
WOLVES LANE HORTICULTURAL CENTRE
LONDON
CompanyRankvs 339+ SIC 85520 peers77
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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 31/03/2024
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
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.05 | +£75k |
| 2020 | 1.02 | +£383 |
| 2019 | 1.05 | +£119 |
| 2018 | 1.04 | — |
Derived from filed accounts. Not audited figures.