Company Overview
Sole Purpose is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Wednesday 01 December 1999, so this is a well established company. Sole Purpose has been in business for 26 years and 4 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

The Playhouse, 5-7 Artillery Street, Derry, Londonderry, BT48 6RG
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Companies House Data
Company NameSOLE PURPOSE
Company NumberNI037481
Registered Office AddressThe Playhouse
 5-7 Artillery Street
 BT48 6RG
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/12/1999
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date29/12/2016
Returns Last Made Up Date01/12/2015
Directors & Members
Show Resigned
Catherine McBride - Director
(English, 49 years old, born January 1977)
Appointed 05 June 2024
 Active
John McQuaide - Director
(Irish, 59 years old, born July 1967)
Appointed 19 October 2018
 Active
Elly Odhiambo - Director
(British, 54 years old, born December 1972)
Appointed 30 June 2022
 Active
Secretaries
Show Resigned
Other Company Directorships
Catherine McBride
ECHO ECHO DANCE THEATRE COMPANY
NORTH WEST CARNIVAL INITIATIVE
John McQuaide
No companies found
Elly Odhiambo
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 116 116 364
Current Assets 17,970 17,970 21,143
Creditors Due Within One Year 0 0 0
Working Cap 17,970 17,970 21,143
Total Assets Less Current Liabilities 18,086 18,086 21,507
Long-term Liabilities 12,085 12,085 14,805
Net Assets 6,001 6,001 6,702
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 6,001 6,001 6,702
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 0.6% 0.6% 1.7%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 99.4% 99.4% 98.3%
Creditors Due Within One Year 0.0% 0.0% 0.0%
Net Current Assets Liabilities 99.4% 99.4% 98.3%
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 33.2% 33.2% 31.2%
Capital Employed - - -
Total Assets Less Current Liabilities 100.0% 100.0% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 17970.0 17970.0 21143.0
Solvency Ratio 1.5 1.5 1.5
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-2025 31-Mar-2022 31-Mar-2021
Assets 18,086 18,086 21,507
Debt 12,085 12,085 14,805
Net Assets/Debt 6,001 6,001 6,702

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. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   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. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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
Confirmation statement made on 13 December 2025 with no updates
Termination of appointment of Ann Marie Thompson as a director on 19 November 2025
Termination of appointment of Lisa Fitzpatrick as a director on 8 October 2025
Termination of appointment of Lisa Fitzpatrick as a secretary on 8 October 2025
Confirmation statement made on 13 December 2024 with no updates
Appointment of Ms Catherine Mcbride as a director on 5 June 2024
Confirmation statement made on 13 December 2023 with no updates
Appointment of Dr Lisa Fitzpatrick as a secretary on 8 December 2023
Termination of appointment of John Joseph Philip Mcquaide as a secretary on 8 December 2023
Confirmation statement made on 13 December 2022 with no updates
Termination of appointment of Ciara Louise O'connell as a director on 7 December 2022
Appointment of Mr John Joseph Philip Mcquaide as a secretary on 7 December 2022
Termination of appointment of Ciara O'connell as a secretary on 7 December 2022
Appointment of Mr Elly Omondi Odhiambo as a director on 30 June 2022
Termination of appointment of Daniel Arthur Mccamphill as a director on 30 June 2022
Confirmation statement made on 13 December 2021 with no updates
Appointment of Mr Daniel Arthur Mccamphill as a director on 16 June 2021
Confirmation statement made on 13 December 2020 with no updates
Termination of appointment of Maureen Alice Mclaughlin as a director on 2 December 2020
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