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Project B Cic

13485347

active
Community Interest Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

86A ABLEWELL STREET, WALSALL, WS1 2EU
Incorporated 30/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation
87900
Other residential care activities

Officers

Mr Sukhbhawan Jot Singh Bansi

director · Since 30/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Sukhbhawan Bansi

75–100% votes
Appoint directors

British · England · Age 45

86a, Ablewell Street, Walsall, WS1 2EU

Notified 30/06/2021

CompanyRankvs 9410+ SIC 55900 peers
27

Financial strength9th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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9410Project B Cic
26
How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 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.

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 30/06/2024

Net Worth

-£13k

Balance sheet strength

Cash

£528

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£528

Current Liabilities

£13k

0avg. employees

Balance Sheet

Assets less current liabilities-£13k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£6k
20230.16-£4k
20220.48—

Derived from filed accounts. Not audited figures.