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Desi Arts Development Group C.I.C.

14680750

active
Community Interest Company
england wales
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

388 DUNSTABLE ROAD, LUTON, LU4 8JT
Incorporated 22/02/2023

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 21/02/2026

Due 07/03/2027

On track

Industry

85520
Cultural education
90020
Support activities to performing arts
90030
Artistic creation

Officers

Mr Muhammad Fahad Matin

director · Since 22/02/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Mr Fahim Qureshi

director · Since 22/02/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Miss Amshan Rashid

director · Since 22/02/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Muhammad Fahad Matin

25–50% votes
Appoint directors

British · England · Age 48

388, Dunstable Road, Luton, LU4 8JT

Notified 22/02/2023

CompanyRankvs 4222+ SIC 85520 peers
39

Financial strength9th percentile among SIC peers · 2/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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4222Desi Arts Development Group C.I.C.
35
How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 28/02/2025

Turnover

£90k

Annual revenue

Net Worth

-£8k

Balance sheet strength

Cash

£12k

Cash in the bank

Profit Before Tax

-£10k

Bottom line earnings

Net Current Assets

-£9k

Working capital

Current Assets

£12k

Current Liabilities

£21k

Fixed Assets

£907

Debtors

£128

Cost of Sales

£89k

Gross Profit

£638

Admin Expenses

£10k

Operating Profit

-£10k

3avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.58

Derived from filed accounts. Not audited figures.