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Believe & Be Ltd.

10504687

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

39 MEDOMSLEY ROAD, CONSETT, DH8 5HE
Incorporated 30/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education
93290
Other amusement and recreation activities

Officers

Mrs Karen Anne Masters

director · Since 27/12/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mrs Karen Anne Masters

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 48

39, Medomsley Road, Consett, DH8 5HE

Notified 27/12/2021

Former PSCs

Mrs Helen Pyke

Ceased 27/12/2021

Mrs Victoria Johansen

Ceased 01/12/2018

CompanyRankvs 22348+ SIC 85590 peers
41

Financial strength5th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 30/11/2024

Net Worth

-£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£2k

Current Liabilities

£12k

Fixed Assets

£15k

3avg. employees-1

Balance Sheet

Assets less current liabilities£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17+£3k
20230.34+£4k
20220.31-£767
20212.91

Derived from filed accounts. Not audited figures.