Company Overview
The Wally Foster Community Centre Association Ltd. is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Wednesday 14 September 1994, so this is a well established company. The Wally Foster Community Centre Association Ltd. has been in business for 31 years and 6 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Suite G04 1 Quality Court, Chancery Lane, London, WC2A 1HR
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Companies House Data
Company NameTHE WALLY FOSTER COMMUNITY CENTRE ASSOCIATION LTD.
Company Number02967895
Registered Office AddressSuite G04 1 Quality Court, Chancery Lane
 WC2A 1HR
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/09/1994
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date12/10/2016
Returns Last Made Up Date14/09/2015
Directors & Members
Show Resigned
Mitchinson Alleyne - Director
(British, 57 years old, born July 1969)
Appointed 11 March 2024
 Active
Jamie McKenzie - Director
(British, 43 years old, born August 1983)
Appointed 13 December 2019
 Active
Suzanne Thomas - Director
(British, 78 years old, born April 1948)
Appointed 11 March 2024
 Active
Magali Vedrenne - Director
(French, 44 years old, born December 1982)
Appointed 11 March 2023
 Active
Secretaries
Show Resigned
Other Company Directorships
Mitchinson Alleyne
No companies found
Jamie McKenzie
BEATWAVEZ LTD
IBIZA PLUS LTD
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Suzanne Thomas
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Magali Vedrenne
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PLAYER ONE BY G.A.P. LTD
SHARDANA - SECURITY DIVISION LTD
SOTERIA LONDON CIC
ST BERNARD PROPERTIES LTD
THE GAP ACCOUNTING LTD.
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 2,497 2,497 2,497
Current Assets 1,937 1,937 4,078
Creditors Due Within One Year 4,083 4,083 -2,260
Working Cap -2,146 -2,146 6,338
Total Assets Less Current Liabilities 351 351 8,835
Long-term Liabilities 0 0 9,350
Net Assets 351 351 13,665
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 351 351 13,665
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 56.3% 56.3% 38.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 43.7% 43.7% 62.0%
Creditors Due Within One Year 92.1% 92.1% -34.4%
Net Current Assets Liabilities -48.4% -48.4% 96.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 7.9% 7.9% 207.8%
Capital Employed - - -
Total Assets Less Current Liabilities 7.9% 7.9% 134.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.5 0.5 -1.8
Solvency Ratio 1.1 1.1 0.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Assets 4,434 4,434 6,575
Debt 4,083 4,083 7,090
Net Assets/Debt 351 351 13,665

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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.

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
Order of court to wind up
Confirmation statement made on 14 September 2024 with no updates
Appointment of Mitchinson Alleyne as a director on 11 March 2024
Appointment of Suzanne Thomas as a director on 11 March 2024
Appointment of Miss Magali Rachel Vedrenne as a director on 11 March 2023
Director's details changed for Mr Jamie Ale Mckenzie on 28 November 2023
Registered office address changed from Suite G04 1 Quality Court, Chancery Lane London WC2A 1HR England to Suite G04 1 Quality Court, Chancery Lane London WC2A 1HR on 28 November 2023
Registered office address changed from Unit 38 Theydon Road London E5 9NA England to Suite G04 1 Quality Court, Chancery Lane London WC2A 1HR on 28 November 2023
Confirmation statement made on 14 September 2023 with no updates
Compulsory strike-off action has been suspended
Compulsory strike-off action has been discontinued
Confirmation statement made on 14 September 2022 with no updates
Registered office address changed from Wally Foster Community Centre Homerton Road London E9 5QB to Unit 38 Theydon Road London E5 9NA on 16 January 2023
First Gazette notice for compulsory strike-off
Termination of appointment of Charmaine Humphrey as a director on 20 February 2020
Termination of appointment of Albert Tetteh Doku as a director on 20 February 2020
Confirmation statement made on 14 September 2021 with no updates
Confirmation statement made on 14 September 2020 with no updates
Termination of appointment of Danny Jude Julie as a secretary on 1 January 2020
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