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Aspire In Arts Cic

09553479

active
Community Interest Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

22 ABBEY STREET, NUNEATON, CV11 5BT
Incorporated 21/04/2015

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/04/2026

Due 05/05/2027

On track

Industry

90010
Performing arts

Officers

Ms Kirsty Elizabeth Lowrie

director · Since 21/04/2015

NONE

BRITISH · ENGLAND · Age 47

Amina Mamoojee

director · Since 27/04/2015

NONE

BRITISH · ENGLAND · Age 38

Mrs Andrea Philippa Jerromes

director · Since 17/09/2020

ADMINISTRATOR

BRITISH · ENGLAND · Age 57

Mrs Abeda Suleman Vorajee

director · Since 11/03/2024

RETIRED TEACHER

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Mr Mark Douglas Farmer

director · Since 08/01/2025

RETIRED

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Mrs Alison Marie Thompson

director · Since 04/03/2025

AREA MANAGER - VOLUNTARY SECTOR

BRITISH · UNITED KINGDOM · Age 49

Miss Nimrita Bahia

director · Since 10/09/2025

UNIVERSITY ACADEMIC

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Former PSCs

Ms Amina Mamoojee

Ceased 05/04/2024

Ms Kirsty Elizabeth Lowrie

Ceased 05/04/2024

Miss Hayley Campbell

Ceased 01/03/2024

CompanyRankvs 1041+ SIC 90010 peers
70

Financial strength91th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.86× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

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.

Longevity11/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/03/2024

Net Worth

£83k

Balance sheet strength

Cash

£150k

Cash in the bank

Net Current Assets

£70k

Working capital

Current Assets

£151k

Current Liabilities

£81k

Fixed Assets

£17k

Debtors

£2k

16avg. employees+6

Tax at Year End(2023)

Corp tax£5k

Balance Sheet

Assets less current liabilities£87k
Signed by Ms Kirsty Lowrie Ms Andrea Jerromes Mrs Amina Mamoojee Mrs Abeda Vorajee Mbe 24 September 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.86+£10k
20231.52+£890
20221.61+£17k
2021+£19k
20205.89-£19k
201932.83

Derived from filed accounts. Not audited figures.