Company Overview
Foundation is a Converted / Closed Converted / Closed. The company was incorporated on Friday 29 June 1984, so this is a well established company. Foundation has been in business for 41 years and 9 months. The accounts status is full and the accounts are next due on Tuesday 31 December 2024.
Registered Address

3 Limewood Way, Seacroft, Leeds, West Yorkshire, LS14 1AB
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Companies House Data
Company NameFOUNDATION
Company Number01829004
Registered Office Address3 Limewood Way
 Seacroft
 LS14 1AB
Company CategoryConverted / Closed
Company StatusConverted / Closed
Country of OriginUnited Kingdom
Incorporation Date29/06/1984
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2024
Accounts Last Made Up Date31/03/2023
Accounts Account CategoryFULL
Returns Next Due Date24/12/2016
Returns Last Made Up Date26/11/2015
Previous Company NameChanged Date
FOUNDATION HOUSING24 Sep 2009
Directors & Members
Show Resigned
Vijay Assani - Director
(British, 52 years old, born March 1974)
Appointed 16 December 2022
Active
Lisa Bradley - Director
(British, 59 years old, born September 1967)
Appointed 28 June 2019
Active
Olivia Bradshaw - Director
(British, 24 years old, born March 2002)
Appointed 29 September 2023
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2014 31-Mar-2013
Balance Sheet
Fixed Assets 667,000 667,000 694,000
Current Assets 3,015,000 3,015,000 2,908,000
Creditors Due Within One Year 1,683,000 1,683,000 1,330,000
Working Cap 1,332,000 1,332,000 1,578,000
Total Assets Less Current Liabilities 1,999,000 1,999,000 2,272,000
Long-term Liabilities 0 0 0
Net Assets 1,999,000 1,999,000 2,272,000
Share Capital & Reserves
Share Cap 0 0 0
Profit & Loss Reserves 1,194,000 1,194,000 1,345,000
Other Reserves 805,000 805,000 927,000
Shareholders Funds 1,999,000 1,999,000 2,272,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2014 31-Mar-2013
Tangible Fixed Assets - - -
Fixed Assets 18.1% 18.1% 19.3%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 3.4% 3.4% 1.5%
Cash Bank In Hand 55.1% 55.1% 56.0%
Current Assets 81.9% 81.9% 80.7%
Creditors Due Within One Year 45.7% 45.7% 36.9%
Net Current Assets Liabilities 36.2% 36.2% 43.8%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 54.3% 54.3% 63.1%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 32.4% 32.4% 37.3%
Shareholder Funds 54.3% 54.3% 63.1%
Capital Employed - - -
Total Assets Less Current Liabilities 54.3% 54.3% 63.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2014 31-Mar-2013
Liquidity Ratio 1.8 1.8 2.2
Solvency Ratio 2.2 2.2 2.7
Reserves to Assets 0.3 0.3 0.4
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2014 31-Mar-2013
Assets 3,682,000 3,682,000 3,602,000
Debt 1,683,000 1,683,000 1,330,000
Net Assets/Debt 1,999,000 1,999,000 2,272,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Miscellaneous
Resolutions
Termination of appointment of Karl John Richard Milner as a director on 28 June 2024
Director's details changed for Mr Karl John Richard Milner on 29 April 2024
Appointment of Ms Sharon Whitehurst as a director on 14 December 2023
Confirmation statement made on 26 November 2023 with no updates
Appointment of Mr Duane Martin Samuels as a director on 22 November 2023
Appointment of Miss Olivia Freya Bradshaw as a director on 29 September 2023
Appointment of Mr Karl John Richard Milner as a director on 30 June 2023
Termination of appointment of Damian Pocknell as a director on 6 April 2023
Termination of appointment of David Maxwell Strachan as a director on 30 March 2023
Appointment of Mr Vijay Assani as a director on 16 December 2022
Confirmation statement made on 26 November 2022 with no updates
Termination of appointment of Alina Kaur as a director on 26 October 2022
Resolutions
Memorandum and Articles of Association
Memorandum and Articles of Association
Director's details changed for Mrs Claire Vilarrubi on 30 August 2022
Termination of appointment of David Waterman Powell as a director on 24 June 2022
Director's details changed for Mr Damian Pocknell on 4 May 2022
Director's details changed for Mr Lisa Bradley on 14 January 2022
Confirmation statement made on 26 November 2021 with no updates
Appointment of Mr David Allan Roche as a director on 10 December 2021

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