Black Country Innovative Manufacturing Organisation
12013857
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/05/2019
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 4 other boards
director · Since 25/04/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 71
Also on 1 other board
Persons with Significant Control
Transport For West Midlands
16, Summer Lane, Birmingham, B19 3SD
Notified 23/05/2019
Dudley Metropolitan Borough Council
Council House, Priory Road, Dudley, DY1 1HF
Notified 23/05/2019
Charges1 outstanding
DUDLEY METROPOLITAN BOROUGH COUNCIL
CompanyRankvs 15+ SIC 71122 peers4
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.30 | -£962k |
| 2023 | 0.39 | -£519k |
| 2022 | 2.79 | -£75k |
| 2021 | 3.66 | — |
Derived from filed accounts. Not audited figures.