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Grounds For The Future Cic

13717698

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)
  • Current liabilities exceed current assets (-10)

Details

590A KINGSBURY ROAD, BIRMINGHAM, B24 9ND
Incorporated 02/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mr Philip Clive Spencer

director · Since 02/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr Andrew Trueman

director · Since 02/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Andrew Trueman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

42, Grounds Road, Sutton Coldfield, B74 4SE

Notified 02/11/2021

Mr Philip Clive Spencer

25–50% shares
25–50% votes
Appoint directors

British · England · Age 70

5, Hollybush Road, Burton-On-Trent, DE13 8SF

Notified 02/11/2021

CompanyRankvs 3506+ SIC 88990 peers
64

Financial strength52th percentile among SIC peers · 13/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.33× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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3506Grounds For The Future Cic
63
How is this score calculated?
Financial strength13/25 pts

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

Employees11/15 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.

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

Net Worth

£1k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£2k

Current Liabilities

£550

2avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.33-£7k
20233.79+£1k
20223.22—

Derived from filed accounts. Not audited figures.