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Project One Alternative Provision Limited

11547684

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)
  • Current liabilities exceed current assets (-10)

Details

PUTHAM FARM CUTCOMBE, MINEHEAD, TA24 7AS
Incorporated 01/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85600
Educational support services

Officers

Christopher Wright

director · Since 01/09/2018

CENTRE HEAD

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Joshua George Wright

director · Since 01/09/2018

INSTRUCTOR

BRITISH · UNITED KINGDOM · Age 29

Cheri Frances Reece

director · Since 09/11/2023

GENERAL MANAGER

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Christopher Wright

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 56

Putham Farm, Cutcombe, Minehead, TA24 7AS

Notified 01/09/2018

Joshua George Wright

25–50% shares
25–50% votes

British · United Kingdom · Age 29

Ash House, Cook Way, Taunton, TA2 6BJ

Notified 01/03/2022

CompanyRankvs 6094+ SIC 85600 peers
63

Financial strength92th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

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 31/08/2024

Net Worth

£72k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£29k

Current Liabilities

£66k

Fixed Assets

£204k

13avg. employees+3

Balance Sheet

Assets less current liabilities£167k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44-£22k
20231.13+£761
20221.32+£55k
20211.08+£33k
20200.65+£441
20190.72

Derived from filed accounts. Not audited figures.