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Positive Independence Ltd

11357421

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

NORTHGATE BUSINESS CENTRE, NEWARK, NG24 1EZ
Incorporated 11/05/2018

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 11/05/2025

Due 25/05/2026

On track

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mr Wayne Peter Brankin

director · Since 01/06/2018

SOCIAL WORKER

BRITISH · ENGLAND · Age 53

Persons with Significant Control

122 Holdings Limited

75–100% shares
75–100% votes

Northgate Business Centre, North Gate, Newark, NG24 1EZ

Reg: 15412846 · Registered Office · Limited Company

Notified 27/09/2024

Former PSCs

Mr Thomas Edward Barber Mawhood

Ceased 01/06/2018

Mr Wayne Peter Brankin

Ceased 27/09/2024

Charges1 outstanding

Charge
outstanding

GL 2024 LIMITED

Created 05/11/2025Registered 07/11/2025
Charge
satisfied

FFE SPV 2 LIMITED (CO. NO. 14833449)

Created 22/07/2024Registered 22/07/2024Satisfied 05/11/2025
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 22/05/2019Registered 23/05/2019Satisfied 04/11/2025

CompanyRankvs 921+ SIC 87200 peers
68

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.67× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

£322k

Balance sheet strength

Cash

£277k

Cash in the bank

Net Current Assets

£444k

Working capital

Current Assets

£1.1M

Current Liabilities

£665k

Fixed Assets

£192k

Debtors

£832k

55avg. employees+22

Balance Sheet

Bank loans & overdrafts£260k
Assets less current liabilities£637k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.67+£130k
20242.02+£79k
20231.78-£48k
20222.16+£41k
20212.31+£14k
20201.43+£78k
20191.87

Derived from filed accounts. Not audited figures.