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Mental Wealth London Cic

14570577

active
Community Interest Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

6TH FLOOR, 37, LONDON, EC3V 9BQ
Incorporated 04/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90040
Operation of arts facilities

Officers

Miss Cecilia Oluwabukola Dagiloke

director · Since 04/01/2023

ARTIST

BRITISH · ENGLAND · Age 42

Mrs Joy Ayo Moyo

director · Since 04/01/2023

HEAD OF FINANCE AND HR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Joanna Ruth Hobson

director · Since 01/04/2023

CHARITY PROJECT MANAGER

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mrs Joy Ayo Moyo

25–50% votes
Appoint directors

British · England · Age 39

77, Priory Grove, London, SW8 2PD

Notified 04/01/2023

Miss Cecilia Oluwabukola Dagiloke

25–50% votes
Appoint directors

British · England · Age 42

6th Floor, 37, Lombard Street, London, EC3V 9BQ

Notified 04/01/2023

CompanyRankvs 1283+ SIC 90040 peers
46

Financial strength62th percentile among SIC peers · 16/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8.52× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees2/15 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.

Longevity3/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the historical cost convention and in accordance with applicable UK accounting standards. The company is a Community Interest Company (CIC) and is required to adhere to the Companies Act 2006. b) Going Concern: The directors have assessed the company’s ability to continue as a going concern for at least 12 months from the date of approval of these financial statements. They are satisfied that

Key FinancialsYear ending 31/01/2025

Turnover

£14k

Annual revenue

Net Worth

£5k

Balance sheet strength

Cash

£5k

Cash in the bank

Profit Before Tax

£5k

Bottom line earnings

Net Current Assets

£5k

Working capital

Current Assets

£5k

Current Liabilities

£624

Fixed Assets

£47

Gross Profit

£14k

Admin Expenses

£9k

Operating Profit

£5k

0avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20258.52
20240.02

Derived from filed accounts. Not audited figures.