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We Are Finlit Cic

12601145

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)
  • Current liabilities exceed current assets (-10)

Details

32 EDGEWORTH ROAD, LONDON, SE9 6JG
Incorporated 13/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education
85600
Educational support services

Officers

Mr Jason Hayford Mensah

director · Since 13/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 3 other boards

Mr Ikem Onche Junior Odeh

director · Since 13/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 4 other boards

Mr Trei Reid-Henry

director · Since 13/05/2020

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 2 other boards

CompanyRankvs 31312+ SIC 85590 peers
34

Financial strength18th percentile among SIC peers · 5/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1West Kirby Educational Trust
90
2Macintyre Care
90
3Emerson College Trust Limited(The)
90
4S.W. Durham Training Limited
90
5The Salmon Youth Centre In Bermondsey
90
6Dawliffe Hall Educational Foundation
90
7Relyon Digital Limited
90
8British Dyslexia Association
90
9Thermal Insulation Contractors Association
90
10Birmingham Rathbone Society
90
31312We Are Finlit Cic
30
How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/05/2024

Net Worth

-£699

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£699

Working capital

Current Assets

£12k

Current Liabilities

£13k

Fixed Assets

£0

Debtors

£313

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£699
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.94

Derived from filed accounts. Not audited figures.