Back to search

Power 2 Creativity Cic

11255148

active
Community Interest Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

ALLIA FUTURE BUSINESS CENTRE, PETERBOROUGH, PE2 8AN
Incorporated 14/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts
90020
Support activities to performing arts
90040
Operation of arts facilities

Officers

Mr Tiago Varela

director · Since 14/03/2018

ENTREPRENEUR

PORTUGUESE · UNITED KINGDOM · Age 34

Also on 8 other boards

CompanyRankvs 15452+ SIC 90010 peers
26

Financial strength5th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees2/15 pts

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

Liquidity0/20 pts

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

Longevity8/15 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 31/03/2025

Turnover

£0

Annual revenue

Net Worth

-£35k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£503

Bottom line earnings

Net Current Assets

-£9k

Working capital

Current Assets

Current Liabilities

£9k

Fixed Assets

£24k

Gross Profit

£0

Admin Expenses

£503

Operating Profit

-£503

0avg. employees

Balance Sheet

Assets less current liabilities£15k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£503
20240.00-£13k
20230.07

Derived from filed accounts. Not audited figures.