The Work Avenue Foundation
09595853
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 18/05/2025
Due 01/06/2026
Industry
Officers
director · Since 18/05/2015
SOLICITOR - INVESTMENT MANAGER
BRITISH · ENGLAND · Age 58
Also on 5 other boards
director · Since 18/05/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 3 other boards
director · Since 15/09/2017
NONE
BRITISH · ENGLAND · Age 76
Also on 8 other boards
director · Since 05/05/2020
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 73
Also on 16 other boards
CompanyRankvs 1400+ SIC 85320 peers83
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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 31/12/2023
Net Worth
£287k
Balance sheet strength
Cash
£237k
Cash in the bank
Net Current Assets
£732k
Working capital
Current Assets
£1.1M
Current Liabilities
£355k
Fixed Assets
£18k
Debtors
£850k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 3.06 | -£287k |
| 2022 | 5.76 | +£297k |
| 2020 | 33.72 | — |
Derived from filed accounts. Not audited figures.