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Believe Achieve Cic

13103678

active
Community Interest Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

20 FERN STREET, BOLTON, BL4 7RY
Incorporated 30/12/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/12/2025

Due 12/01/2027

On track

Industry

59200
Sound recording and music publishing activities
85510
Sports and recreation education
90010
Performing arts

Officers

Ms Adenike Oluwubunmi Odejide

director · Since 03/12/2021

NURSE

BRITISH · ENGLAND · Age 60

Mr Stephen Olakunle Dada Sonde

director · Since 17/04/2022

IT CONSULTANT

BRITISH · ENGLAND · Age 67

Miss Nicola Rachel Daley

director · Since 23/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr Emmanuel Robed Camille

director · Since 28/02/2023

CHEF

BRITISH · ENGLAND · Age 66

Mr Tunde Kareem Olasupo

director · Since 28/02/2023

CHOREOGRAPHER

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Former PSCs

Mr Tunde Kareem Olasupo

Ceased 03/10/2024

CompanyRankvs 5553+ SIC 59200 peers
56

Financial strength60th percentile among SIC peers · 15/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees15/15 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.

Longevity5/15 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 31/12/2024

Turnover

£2k

Annual revenue

Net Worth

£1k

Balance sheet strength

Cash

£178k

Cash in the bank

Profit Before Tax

£1k

Bottom line earnings

Net Current Assets

-£34k

Working capital

Current Assets

£180k

Current Liabilities

£215k

Fixed Assets

£72k

Debtors

£2k

Cost of Sales

£21k

Gross Profit

-£19k

Admin Expenses

£198k

Operating Profit

£5k

7avg. employees

Balance Sheet

Assets less current liabilities£38k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.84
20230.74
20221.24

Derived from filed accounts. Not audited figures.