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West Midlands Sports Development C.I.C.

11599919

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)
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

OSBOURNE HOUSE, WALSALL, WS2 9LZ
Incorporated 02/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Anthony Eugene Maguire

director · Since 02/10/2018

SPORTS CONSULTANT

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Mr Michael Patrick Mcgowran

director · Since 11/01/2019

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Mr Russell Woodland

director · Since 11/01/2019

TEACHER

BRITISH · UNITED KINGDOM · Age 42

CompanyRankvs 11762+ SIC 93199 peers
43

Financial strength22th percentile among SIC peers · 6/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1× · 12/20
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 strength6/25 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.

Liquidity12/20 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 31/10/2023

Turnover

£0

Annual revenue

Net Worth

£0

Balance sheet strength

Cash

£83

Cash in the bank

Profit Before Tax

-£550

Bottom line earnings

Net Current Assets

£83

Working capital

Current Assets

£83

Current Liabilities

£83

Cost of Sales

£0

Gross Profit

£0

Admin Expenses

£550

Operating Profit

-£550

0avg. employees

Balance Sheet

Assets less current liabilities£83
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20231.00
20221.00
20211.00

Derived from filed accounts. Not audited figures.