Local Champions Cic
13841670
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/01/2024
DIRECTOR
PORTUGUESE,BRITISH · ENGLAND · Age 37
Persons with Significant Control
Nikita Gicanda Vervelde
Rwandan,Dutch · England · Age 33
Studio 5, 3, Roach Road, London, E3 2PA
Notified 11/01/2022
Former PSCs
Mr Fabricio Mendes
Ceased 16/03/2023
CompanyRankvs 51448+ SIC 62012 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Turnover
£21k
Annual revenue
Net Worth
-£2k
Balance sheet strength
Cash
£643
Cash in the bank
Profit Before Tax
£335
Bottom line earnings
Net Current Assets
-£1k
Working capital
Current Assets
£643
Current Liabilities
£2k
Cost of Sales
£4k
Gross Profit
£16k
Admin Expenses
£55k
Operating Profit
£335
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.31 | +£155 |
| 2024 | 0.44 | -£126 |
| 2023 | 0.08 | — |
Derived from filed accounts. Not audited figures.