TRAUMA INFORMED PLYMOUTH NETWORK COMMUNITY INTEREST COMPANY

Executive Summary

Trauma Informed Plymouth Network CIC demonstrates low financial risk with positive net assets and sufficient liquidity to meet obligations. Despite low turnover and no employees, the company maintains operational activity with growing membership and timely compliance. Governance changes warrant monitoring to ensure stable leadership and strategic direction.

TRAUMA INFORMED PLYMOUTH NETWORK COMMUNITY INTEREST COMPANY - Analysis Report

Company Number: 13814514

Analysis Date: 2025-07-19 11:52 UTC

1. Risk Rating: LOW
   The company shows solid net current assets exceeding current liabilities with positive net assets and shareholders' funds. It is compliant with filing deadlines and operates within a clear mission framework. There is no indication of financial distress or governance irregularities.

2. Key Concerns:

• Low turnover (£7,360 in 2022) reflecting limited revenue base, potentially restricting operational scalability.
• No employees reported in the latest accounts, signaling reliance on volunteers or external contractors which could impact continuity and capacity.
• Frequent changes in director appointments within a short period may suggest governance instability or transitional leadership challenges.

3. Positive Indicators:

• Positive net current assets (£10,037 as of 31 Dec 2023) with cash reserves (£11,250) well above current liabilities (£2,163), indicating good short-term liquidity.
• Timely filing of accounts and confirmation statements with no overdue filings or penalties.
• Clear community impact and membership growth detailed in the Community Interest Report, demonstrating operational engagement and a defined stakeholder base.

4. Due Diligence Notes:

• Verify the sustainability of funding sources given the low turnover and absence of employees to ensure ongoing operational viability.
• Review director turnover reasons and the effect on strategic continuity and governance quality.
• Confirm the nature of liabilities and whether any contingent liabilities or off-balance-sheet commitments exist.
• Assess membership fee structure or grant dependency to evaluate revenue stability.