BREAKTHRU' SUPPORT SERVICES C.I.C.

Executive Summary

BREAKTHRU' SUPPORT SERVICES C.I.C. presents a low risk profile given its positive net assets, cash coverage of liabilities, and consistent revenue growth, coupled with strong compliance with filing obligations. However, the modest scale of operations and limited staffing pose operational challenges, and the lack of stakeholder consultation may warrant further review to ensure regulatory and community expectations are met.

BREAKTHRU' SUPPORT SERVICES C.I.C. - Analysis Report

Company Number: 12575384

Analysis Date: 2025-07-20 13:32 UTC

1. Risk Rating: LOW

Justification: The company BREAKTHRU' SUPPORT SERVICES C.I.C. operates as a private company limited by guarantee with no share capital, focusing on social work activities without accommodation for the elderly and disabled. Financially, it shows modest but consistent turnover growth (£14,113 in 2023 to £23,173 in 2024) with positive net assets (£5,897 in 2024), supported entirely by cash and current assets. It is fully compliant with filing deadlines and company status is active. The company has no current liabilities reported for 2024, and the net current assets have improved compared to prior years, indicating sound short-term financial health.

2. Key Concerns:

• Low Scale of Operations: The turnover and asset base are very small, limiting the company’s financial resilience and ability to absorb unexpected expenses or invest in growth.
• Reliance on a Single Employee: Only one employee on average during the period may pose operational risk if key personnel become unavailable.
• Limited Stakeholder Consultation: The Community Interest Report notes no consultation with stakeholders which may impact the organization's responsiveness to community needs and regulatory expectations for CICs.

3. Positive Indicators:

• Positive Net Assets and Cash Position: The company maintains a positive net asset position with cash balances covering current liabilities, indicating no immediate solvency risk.
• Timely Filing and Compliance: All accounts and confirmation statements are filed on time with no overdue filings or penalties.
• Clear Social Purpose: The company’s activities are clearly defined and consistent with its community interest designation, supporting its operational stability and mission alignment.

4. Due Diligence Notes:

• Review Detailed Financial Statements: Examine underlying cash flow dynamics and cost structure to confirm ongoing liquidity beyond year-end snapshots.
• Confirm Operational Capacity: Investigate plans for staffing or volunteer resources to manage and scale social support activities sustainably.
• Assess Governance and Stakeholder Engagement: Evaluate governance practices, including stakeholder consultation processes, to ensure compliance with CIC regulatory requirements and community impact effectiveness.
• Director Background Check: Although the director appears compliant, a standard check for any potential disqualifications or adverse records is recommended.