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Saving Threads C.I.C.

13717079

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)
  • Loss before tax (-10)

Details

THE OLD MILL HOUSE DEAKINS BUSINESS PARK, BOLTON, BL7 9RP
Incorporated 01/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47799
Retail sale of second-hand goods in stores

Officers

Mrs Rachel Sara Craven

director · Since 01/11/2021

MENTAL HEALTH SOCIAL WORKER

BRITISH · ENGLAND · Age 38

Miss Leander Jane Moore

director · Since 01/11/2021

TEACHER

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Miss Leander Jane Moore

25–50% votes
Appoint directors

British · England · Age 40

The Old Mill House, Deakins Business Park, Bolton, BL7 9RP

Notified 01/11/2021

Mrs Rachel Sara Craven

25–50% votes
Appoint directors

British · England · Age 38

The Old Mill House, Deakins Business Park, Bolton, BL7 9RP

Notified 01/11/2021

CompanyRankvs 2106+ SIC 47799 peers
29

Financial strength18th percentile among SIC peers · 5/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.25× · 2/20
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 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.

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 30/11/2024

Turnover

£21k

Annual revenue

Net Worth

-£2k

Balance sheet strength

Cash

£779

Cash in the bank

Profit Before Tax

-£353

Bottom line earnings

Net Current Assets

-£2k

Working capital

Current Assets

£779

Current Liabilities

£3k

Fixed Assets

£0

Cost of Sales

£565

Gross Profit

£20k

Admin Expenses

£20k

Operating Profit

-£353

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£2k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.25

Derived from filed accounts. Not audited figures.