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Brighter Futures Foundation Cic

12763301

active
Community Interest Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SUITE 204, EQUITABLE HOUSE 2ND FLOOR, LONDON, SE18 6FH
Incorporated 23/07/2020

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 09/06/2025

Due 23/06/2026

On track

Industry

56102
Unlicensed restaurants and cafes
88100
Social work activities without accommodation for the elderly and disabled

Officers

Mrs Kemi Madumere

director · Since 23/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 8 other boards

Miss Yvonne Adams

director · Since 21/09/2021

POLICE OFFICER

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Obinna Christopher Madumere

director · Since 21/09/2021

IT PROFESSIONAL

BRITISH · ENGLAND · Age 51

Also on 7 other boards

Persons with Significant Control

Mrs Kemi Madumere

25–50% votes
Appoint directors

British · England · Age 52

Suite 204, Equitable House, 2nd Floor, London, SE18 6FH

Notified 23/07/2020

Mr Obinna Christopher Madumere

25–50% shares
25–50% votes

British · England · Age 51

Suite 204, Equitable House, 2nd Floor, London, SE18 6FH

Notified 13/09/2022

CompanyRankvs 1118+ SIC 56102 peers
77

Financial strength94th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.24× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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1118Brighter Futures Foundation Cic
76
How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 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.

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 31/07/2024

Turnover

£765k

Annual revenue

Net Worth

£110k

Balance sheet strength

Cash

£27k

Cash in the bank

Profit Before Tax

£102k

Bottom line earnings

Net Current Assets

£84k

Working capital

Current Assets

£152k

Current Liabilities

£68k

Fixed Assets

£25k

Debtors

£125k

Cost of Sales

£420k

Gross Profit

£346k

Admin Expenses

£261k

Operating Profit

£102k

7avg. employees

Balance Sheet

Assets less current liabilities£110k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20242.24

Derived from filed accounts. Not audited figures.