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Walsall Working For Change Cic

14475113

active
Community Interest Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

RYECROFT COMMUNITY HUB, WALSALL, WS3 1TR
Incorporated 10/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
85590
Other education

Officers

Mr Craig John Michael Adams

director · Since 09/07/2023

CHARITY WORKER

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mr David John Taylor

director · Since 09/07/2023

MANAGER

BRITISH · ENGLAND · Age 54

Also on 8 other boards

Persons with Significant Control

Mr Alex Christopher Jackson

75–100% shares
50–75% votes
Appoint directors

British · England · Age 32

Ryecroft Community Hub, New Forest Road, Walsall, WS3 1TR

Notified 10/11/2022

Mr David John Taylor

significant-influence-or-control-as-trust

British · England · Age 54

Ryecroft Community Hub, 28 New Forest Rd, Walsall, WS3 1TR

Notified 08/11/2024

CompanyRankvs 41759+ SIC 43210 peers
25

Financial strength11th percentile among SIC peers · 3/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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41759Walsall Working For Change Cic
24
How is this score calculated?
Financial strength3/25 pts

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

Employees1/15 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.

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 30/11/2025

Turnover

£2k

Annual revenue

Net Worth

-£2k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

£0

Bottom line earnings

Net Current Assets

-£2k

Working capital

Current Assets

£2k

Current Liabilities

£3k

Fixed Assets

£0

Cost of Sales

£2k

Gross Profit

£583

Admin Expenses

£583

Operating Profit

£0

0avg. employees

Balance Sheet

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

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£0
20240.47-£480
20230.87—

Derived from filed accounts. Not audited figures.