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Change, Act! Cic

14069433

active
Community Interest Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Loss before tax (-10)

Details

1 RATCLIFFE HOUSE, LONDON, N1 1QT
Incorporated 26/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education
90010
Performing arts

Officers

Dr Paul John Formosa

director · Since 26/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Ms Charlotte Hailey-Watts

director · Since 26/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Harriette Ruth Ashcroft

director · Since 10/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Dr Paul John Formosa

25–50% votes
Appoint directors

British · England · Age 48

1 Ratcliffe House, Augustas Lane, London, N1 1QT

Notified 26/04/2022

Ms Charlotte Hailey-Watts

25–50% votes
Appoint directors

British · England · Age 38

Hazel Mount, Chowns Hill, Hastings, TN35 4PA

Notified 26/04/2022

Harriette Ruth Ashcroft

Significant control

British · England · Age 61

1 Ratcliffe House, Augustas Lane, London, N1 1QT

Notified 09/01/2025

CompanyRankvs 12274+ SIC 85590 peers
57

Financial strength46th percentile among SIC peers · 12/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 30/04/2025

Turnover

£5k

Annual revenue

Net Worth

£111

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

£0

Bottom line earnings

Net Current Assets

£111

Working capital

Current Assets

£4k

Current Liabilities

£4k

Fixed Assets

£0

Debtors

£0

Cost of Sales

£4k

Gross Profit

£307

Admin Expenses

£307

Operating Profit

£0

6avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£111
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20251.03
20241.00
2023Infinity

Derived from filed accounts. Not audited figures.