Merry Go Round Community Ventures Cic
11698240
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 27/02/2024
Persons with Significant Control
Mrs Sadie Sarah Coventry
British · United Kingdom · Age 53
6, Market Street, North Tawton, EX20 2ET
Notified 27/11/2018
Former PSCs
Miss Leanne Janice Mathis
Ceased 17/11/2025
Mrs Jessica Clark
Ceased 15/12/2025
CompanyRankvs 547+ SIC 47799 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2024
Turnover
£39k
Annual revenue
Net Worth
£4k
Balance sheet strength
Cash
£3k
Cash in the bank
Profit Before Tax
-£379
Bottom line earnings
Net Current Assets
£3k
Working capital
Current Assets
£3k
Current Liabilities
£497
Fixed Assets
£2k
Debtors
£145
Cost of Sales
£801
Gross Profit
£38k
Admin Expenses
£38k
Operating Profit
-£379
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.88 | -£379 |
| 2023 | 7.69 | +£1k |
| 2022 | 2.39 | -£2k |
| 2021 | 2.17 | — |
Derived from filed accounts. Not audited figures.