SPRINGFIELD CHARITABLE ASSOCIATION LIMITED
Company number NI015556 · Monitor this company
Executive summary
Springfield Charitable Association presents a mixed credit profile: substantial net assets of over £1 million and a 40-year operating history provide underlying strength, but dangerously low cash reserves of approximately £26,000 against monthly operating costs of £52,000 create acute liquidity risk. The operating deficit is improving (reduced by 45% year-on-year) and income is growing, but the charity remains cash-negative on operations and heavily dependent on grant funding. A conditional credit opinion is appropriate — any facility should be property-secured with strict cash flow covenants and confirmation of forward funding commitments.
Overview
- Company type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
- Incorporated
- 1982-02-25
- Employees
- 17 (2025 accounts)
- Registered office
- 27 Clonard Crescent, Belfast, Northern Ireland, BT13 2QN
- Postcode
- BT13 2QN
- Accounts category
- Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-08-12
- Next due by
- 2027-08-26
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 7 current · 48 resigned
Previous registered addresses 1
| Address | Changed on |
|---|---|
| MONTAGUE CTRE BROADWAY, 2 FALLSWATER STREET, BELFAST, BT12 6BZ | 2019-01-30 |
Among its peers
Among the biggest employers
of 628 similar companies in BT, with 17 staff. Among the oldest 25% of its local peers.
The class of 1982
40%
of the 382 companies in this sector incorporated in 1982 are still active today; 58% have since been dissolved.
A fact about the year, not a forecast for this company.