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Redditch Loves C.I.C.

15352219

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

17 GREENFIELDS, REDDITCH, B98 7DZ
Incorporated 14/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mrs Joanna Rachel Bussey

director · Since 14/12/2023

SELF EMPLOYED

BRITISH · ENGLAND · Age 45

Mrs Susan Frances Yeng

director · Since 14/12/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 2 other boards

Persons with Significant Control

Mrs Joanna Rachel Bussey

75–100% votes
Appoint directors

British · England · Age 45

17, Greenfields, Redditch, B98 7DZ

Notified 14/12/2023

CompanyRankvs 9442+ SIC 88990 peers
40

Financial strength17th percentile among SIC peers · 4/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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9442Redditch Loves C.I.C.
35
How is this score calculated?
Financial strength4/25 pts

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

Employees12/15 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 31/12/2024

Turnover

£0

Annual revenue

Net Worth

-£60

Balance sheet strength

Cash

£487

Cash in the bank

Profit Before Tax

-£60

Bottom line earnings

Net Current Assets

-£60

Working capital

Current Assets

£487

Current Liabilities

£547

Cost of Sales

£5k

Gross Profit

-£5k

Admin Expenses

£545

Operating Profit

-£60

3avg. employees

Balance Sheet

Assets less current liabilities-£60
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.89

Derived from filed accounts. Not audited figures.