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Merry Go Round Community Ventures Cic

11698240

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

6 MARKET STREET, NORTH TAWTON, EX20 2ET
Incorporated 27/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47799
Retail sale of second-hand goods in stores

Officers

Mrs Sadie Sarah Coventry

director · Since 27/11/2018

BOOKKEEPER

BRITISH · UNITED KINGDOM · Age 53

Mrs Valerie West

secretary · Since 27/02/2024

Persons with Significant Control

Mrs Sadie Sarah Coventry

Appoint directors

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 peers
68

Financial strength57th percentile among SIC peers · 14/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.88× · 20/20
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 strength14/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 30/11/2024

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

3avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20245.88-£379
20237.69+£1k
20222.39-£2k
20212.17

Derived from filed accounts. Not audited figures.