GROW YOUR POTENTIAL CIC
Company number 12768239 · Monitor this company
Executive summary
Grow Your Potential CIC displays strong liquidity and a growing net asset base, supported by prudent cash management and low liabilities. Its niche social work focus and stable governance mitigate credit risk, making it suitable for modest credit facilities. Ongoing monitoring should focus on cash reserves, director stability, and operational growth to ensure continued financial health.
Shareholders' funds
£48,912
Balance sheet as at 2023-07-31
What it does
Principal activity of the company during the financial year was of other social work activities without accommodation.
The company's own description, from its latest filed accounts.
Overview
- Company type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
- Incorporated
- 2020-07-27
- Employees
- 0 (2023 accounts)
- Registered office
- 73 Hampton Road, Luton, England, LU4 8AP
- Postcode
- LU4 8AP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-07-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-07-24
- Next due by
- 2027-08-07
Nature of business (SIC)
- 88990 Other social work activities without accommodation not elsewhere classified
Officers 4 current · 7 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZB528287 (Tier 1), registered since 2023.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Among its peers
Top 25%
by shareholders' funds, of 73 similar companies in LU
Trading since 2020.
Competitors Luton
This company ranks 12 among other social work activities without accommodation not elsewhere classified in Luton.
The class of 2020
31%
of the 1,665 companies in this sector incorporated in 2020 are still active today; 67% have since been dissolved.
A fact about the year, not a forecast for this company.