ROUND4ROUNDUK CIC, M28 2RL : Companies House Number 14527405

Executive summary

ROUND4ROUNDUK CIC, a recently incorporated community interest company, currently faces a high financial risk profile due to negative net assets and absence of revenue, reflecting substantial liquidity and solvency challenges. While regulatory compliance and strong community engagement provide some positive context, the company’s sustainability depends heavily on securing ongoing funding and successfully developing its revenue streams. Prospective investors should conduct thorough due diligence on creditor terms, cash flow plans, and the robustness of external funding arrangements before engagement.

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Shareholders' funds

£35,676

Balance sheet as at 2023-12-31

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What it does

The director presents his report and accounts for the period from 7 December 2022 to 31 December 2023. Principal activity The company's principal activities during the year continued to be are sports and recreation education, other human health activities, and fitness facilities for local community. Directors Mr. Nasir Akram was appointed on 7 December 2022. Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors ............................................................................ Mr. Nasir Akram Director Approved by the board on: 4 November 2024

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: 2022-12-07
Employees: 0 (2023 accounts)
Registered office: 14 Wardley Hall Lane, Worsley, Manchester, England, M28 2RL
Postcode: M28 2RL
Accounts category: Total Exemption Full