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Black Country Innovative Manufacturing Organisation

12013857

in administration
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
N/A

Details

C/O RSM UK RESTRUCTURING ADVISORY LLP RIBERMEAD HOUSE, 7 LEWIS COURT, LEICESTER, LE19 1SD
Incorporated 23/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Robert John Dossor Evans

director · Since 23/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Mr Philip Clive Dowsett Marsh

director · Since 25/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Mr Neil Fulton

director · Since 25/10/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Transport For West Midlands

25–50% votes

16, Summer Lane, Birmingham, B19 3SD

Notified 23/05/2019

Dudley Metropolitan Borough Council

25–50% votes

Council House, Priory Road, Dudley, DY1 1HF

Notified 23/05/2019

Charges1 outstanding

Charge
outstanding

DUDLEY METROPOLITAN BOROUGH COUNCIL

Created 13/04/2021Registered 15/04/2021

CompanyRankvs 15+ SIC 71122 peers
4

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity7/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

this unique facility. However, the directors are aware that if the above actions are not successful certain material uncertainties exist which may cast doubt on the company's ability to continue as a going concern. Although it is not certain that these efforts will be successful the directors have determined that these actions are sufficient to mitigate the uncertainty and they consider that it is

Key FinancialsYear ending 31/03/2024

Net Worth

-£1.8M

Balance sheet strength

Cash

£348k

Cash in the bank

Net Current Assets

-£2.4M

Working capital

Current Assets

£1.0M

Current Liabilities

£3.4M

Fixed Assets

£667k

Debtors

£669k

9avg. employees+3

Balance Sheet

Assets less current liabilities-£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30-£962k
20230.39-£519k
20222.79-£75k
20213.66

Derived from filed accounts. Not audited figures.