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Optimistic Foundation Cic

11337743

active
Community Interest 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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

107 LYNMOUTH ROAD, LONDON, E17 8AG
Incorporated 30/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59111
Motion picture production activities
59200
Sound recording and music publishing activities
90030
Artistic creation

Officers

Mr Daniel George Edelstyn

director · Since 30/04/2018

FILM DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 5 other boards

Dr Hilary Sian Powell

director · Since 30/04/2018

ARTIST

BRITISH · UNITED KINGDOM · Age 48

Also on 3 other boards

Persons with Significant Control

Dr Hilary Sian Powell

25–50% votes

British · United Kingdom · Age 48

The Bank, 151-155 Hoe Street, London, E17 3AN

Notified 30/04/2018

Mr Daniel George Edelstyn

25–50% votes

British · United Kingdom · Age 50

The Bank, 151-155 Hoe Street, London, E17 3AN

Notified 30/04/2018

CompanyRankvs 8123+ SIC 59111 peers
49

Financial strength71th percentile among SIC peers · 18/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Creative Video Productions Limited
90
2On-Set Location Services Limited
90
3Compuhire Limited
90
4Snow Business International Ltd
90
5Mad Cow Films Limited
90
6Brownian Motion Pictures Limited
90
7Blue Zoo Productions Limited
90
8Lupus Films Limited
90
9Renown Productions Limited
90
10Tractorland Limited
90
8123Optimistic Foundation Cic
45
How is this score calculated?
Financial strength18/25 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.

Liquidity6/20 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 30/04/2024

Turnover

£308k

Annual revenue

Net Worth

£9k

Balance sheet strength

Cash

£17k

Cash in the bank

Profit Before Tax

-£22k

Bottom line earnings

Net Current Assets

-£2k

Working capital

Current Assets

£103k

Current Liabilities

£105k

Fixed Assets

£11k

Debtors

£86k

Cost of Sales

£214k

Gross Profit

£94k

Admin Expenses

£135k

Operating Profit

-£20k

0avg. employees

Balance Sheet

Assets less current liabilities£9k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98—
20230.95—
20220.76-£10k
20211.13—

Derived from filed accounts. Not audited figures.