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Rusty Road To Recovery Cic

11728095

active
Community Interest Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

70 - 72 ST. JOHN STREET, BRIDGWATER, TA6 5HY
Incorporated 14/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Ms Evangeline Hau Ying Kam

director · Since 22/11/2022

RELOCATION CONSULTANT

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Kevin Christopher Clement

director · Since 11/06/2024

CARPET FITTER

BRITISH · ENGLAND · Age 59

Mr Keith Denis Brogden

director · Since 29/07/2025

RETIRED

BRITISH · ENGLAND · Age 74

Mr Barry Cox

director · Since 29/07/2025

UNEMPLOYED

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Ms Evangeline Hau Ying Kam

Significant control

British · England · Age 52

70 - 72, St. John Street, Bridgwater, TA6 5HY

Notified 01/08/2024

Former PSCs

Mr Scott Goldsmith

Ceased 06/09/2021

Mr Ronald John Goss

Ceased 29/06/2023

Mr Vincent Alfred Davis

Ceased 23/01/2020

Mr Chris Scotting

Ceased 15/03/2021

Miss Evageline Kam

Ceased 26/07/2024

CompanyRankvs 8945+ SIC 88990 peers
37

Financial strength4th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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8945Rusty Road To Recovery Cic
36
How is this score calculated?
Financial strength1/25 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.

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 31/05/2023

Turnover

£35k

Annual revenue

Net Worth

-£36k

Balance sheet strength

Cash

£809

Cash in the bank

Profit Before Tax

-£14k

Bottom line earnings

Net Current Assets

-£22k

Working capital

Current Assets

£10k

Current Liabilities

£33k

Fixed Assets

£5k

Debtors

£10k

Cost of Sales

£18k

Gross Profit

£17k

Admin Expenses

£80k

Operating Profit

-£13k

2avg. employees-5

Balance Sheet

Assets less current liabilities-£17k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.32-£23k
20211.08-£24k
20202.43—

Derived from filed accounts. Not audited figures.