Company Overview
Workers' Educational Association (Northern Ireland) is a Dissolved Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption.
Registered Address

C/O Interpath Advisory Suite 209 Arthur House, 41 Arthur Street, Belfast, Antrim, BT1 4GB
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Companies House Data
Company NameWORKERS' EDUCATIONAL ASSOCIATION (NORTHERN IRELAND)
Company NumberNI027745
Registered Office AddressC/O Interpath Advisory Suite 209 Arthur House
 41 Arthur Street
 BT1 4GB
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date02/09/1993
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2015
Accounts Last Made Up Date31/07/2013
Accounts Account CategoryFULL
Returns Next Due Date30/09/2014
Returns Last Made Up Date02/09/2013
Directors & Members
Show Resigned
Massaret Ali - Director
(British, 68 years old, born April 1958)
Appointed 13 December 2006
 Active
Aidan Campbell - Director
(Irish, 54 years old, born May 1972)
Appointed 15 January 2008
 Active
Dolly Misra - Director
(British, 88 years old, born March 1938)
Appointed 05 October 2010
 Active
Clare Moore - Director
(Irish, 58 years old, born May 1968)
Appointed 20 January 2010
 Active
Ann Osborne - Director
(British, 65 years old, born January 1961)
Appointed 04 December 2002
 Active
Secretaries
Show Resigned
Colin Neilands - Secretary
(British)
Appointed 01 September 2008
 Active
Other Company Directorships
Massaret Ali
No companies found
Aidan Campbell
No companies found
Dolly Misra
WOMEN'S INFORMATION NORTHERN IRELAND
Clare Moore
CENTRE FOR GLOBAL EDUCATION
EDUCATIONAL GUIDANCE SERVICE FOR ADULTS
Ann Osborne
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Jul-2013 31-Jul-2012 31-Jul-2011
Balance Sheet
Fixed Assets 615,200 626,331 633,981
Current Assets 361,840 227,423 456,195
Creditors Due Within One Year 404,696 301,723 282,492
Working Cap -42,856 -74,300 173,703
Total Assets Less Current Liabilities 572,344 552,031 807,684
Long-term Liabilities 123,474 133,458 212,906
Net Assets 448,870 418,573 594,778
Share Capital & Reserves
Share Cap 0 0 0
Profit & Loss Reserves 285,711 354,302 323,491
Other Reserves 163,159 64,271 271,287
Shareholders Funds 448,870 418,573 594,778
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2013 31-Jul-2012 31-Jul-2011
Tangible Fixed Assets - - -
Fixed Assets 63.0% 73.4% 58.2%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 0.0% 0.0% 26.5%
Cash Bank In Hand 20.6% 13.6% 15.4%
Current Assets 37.0% 26.6% 41.8%
Creditors Due Within One Year 41.4% 35.3% 25.9%
Net Current Assets Liabilities -4.4% -8.7% 15.9%
Creditors Due After One Year 12.6% 15.6% 19.5%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 45.9% 49.0% 54.6%
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 29.2% 41.5% 29.7%
Shareholder Funds 45.9% 49.0% 54.6%
Capital Employed - - -
Total Assets Less Current Liabilities 58.6% 64.7% 74.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2013 31-Jul-2012 31-Jul-2011
Liquidity Ratio 0.9 0.8 1.6
Solvency Ratio 1.9 2.0 2.2
Reserves to Assets 0.3 0.4 0.3
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2013 31-Jul-2012 31-Jul-2011
Assets 977,040 853,754 1,090,176
Debt 528,170 435,181 495,398
Net Assets/Debt 448,870 418,573 594,778
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
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Registered office address changed from C/O Interpath Advisory Suite 209 Arthur House 1 Arthur Street Belfast Antrim BT1 4GB to C/O Interpath Advisory Suite 209 Arthur House 41 Arthur Street Belfast Antrim BT1 4GB on 7 February 2023
Registered office address changed from C/O Kpmg the Soloist Building 1 Lanyon Place Belfast BT1 3LP to C/O Interpath Advisory Suite 209 Arthur House 1 Arthur Street Belfast Antrim BT1 4GB on 27 January 2023
Statement of receipts and payments to 29 June 2022
Statement of receipts and payments to 29 June 2021
Statement of receipts and payments to 29 June 2020
Statement of receipts and payments to 29 June 2019
Court order insolvency:court order for bulk transfer
Notice of ceasing to act as a voluntary liquidator
Appointment of a liquidator
Statement of receipts and payments to 29 June 2018
Registered office address changed from Kpmg Stokes House 17-25 College Square East Belfast Antrim BT1 6DH to C/O Kpmg the Soloist Building 1 Lanyon Place Belfast BT1 3LP on 20 October 2017
Statement of receipts and payments to 29 June 2017
Statement of receipts and payments to 29 June 2016
Statement of receipts and payments to 29 June 2015
Registered office address changed from 3 Fitzwilliam Street Belfast BT9 6AW on 7 July 2014
Statement of affairs
Appointment of a liquidator
Resolutions
Termination of appointment of William Alexander Lynn as a director on 22 May 2014
Annual return made up to 2 September 2013 no member list
Director's details changed for Mr William Alexander Lynn on 16 November 2012
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