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Second Time Around Cic

14236096

active
Community Interest Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

9 TOWN SQUARE, LEICESTER, LE7 1GZ
Incorporated 15/07/2022

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 14/07/2025

Due 28/07/2026

On track

Industry

47799
Retail sale of second-hand goods in stores

Officers

Mrs Victoria Claire Reed

director · Since 15/07/2022

MANAGER

BRITISH · ENGLAND · Age 55

Mr Roger Ivor Reed

director · Since 28/06/2025

SHOP ASSISTANT

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mrs Victoria Claire Reed

Significant control

British · England · Age 55

9, Town Square, Leicester, LE7 1GZ

Notified 28/03/2026

CompanyRankvs 625+ SIC 47799 peers
66

Financial strength64th percentile among SIC peers · 16/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 21.88× · 20/20
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 strength16/25 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.

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 31/07/2025

Turnover

£53k

Annual revenue

Net Worth

£10k

Balance sheet strength

Cash

£10k

Cash in the bank

Profit Before Tax

-£325

Bottom line earnings

Net Current Assets

£10k

Working capital

Current Assets

£10k

Current Liabilities

£467

Cost of Sales

£471

Gross Profit

£53k

Admin Expenses

£53k

Operating Profit

-£325

3avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202521.88+£705
202418.26+£801
20234.04

Derived from filed accounts. Not audited figures.