Passion Project Foundation
11114552
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/12/2017
MEDIA AND TECHNOLOGY
BRITISH · UNITED KINGDOM · Age 60
Also on 5 other boards
director · Since 12/01/2021
GOVERNMENT - PUBLIC SERVICE
BRITISH · QATAR · Age 54
director · Since 14/01/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 5 other boards
Persons with Significant Control
Miss Deborah Jane White
British · United Kingdom · Age 60
C/O Wework,, 1 Primrose Street, London, EC2A 2EX
Notified 15/12/2017
Heath Blair Grant
American · United States · Age 54
48 West 87th Street, #2b, New York, 10024
Notified 15/12/2017
Former PSCs
Mr Judah Armani
Ceased 08/12/2022
CompanyRankvs 55330+ SIC 96090 peers49
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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 31/12/2024
Net Worth
£52k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£52k
Working capital
Current Assets
£3k
Current Liabilities
£55k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.05 | +£60 |
| 2023 | 0.05 | +£19k |
| 2022 | 0.03 | +£36k |
Derived from filed accounts. Not audited figures.