{"name":"SPRINGFIELD CHARITABLE ASSOCIATION LIMITED","company_number":"NI015556","status":"Active","type":"PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)","incorporated":"1982-02-25","dissolved":null,"registered_office":"27 Clonard Crescent, Belfast, Northern Ireland, BT13 2QN","postcode":"BT13 2QN","sic_codes":[{"code":82990,"description":"Other business support service activities not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":17,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","net_assets":1062236,"cash":25957,"average_employees":17},{"financial_date":"2024-03-31","net_assets":1053720,"cash":27423,"average_employees":17},{"financial_date":"2023-03-31","net_assets":1174404,"cash":111128},{"financial_date":"2022-03-31","net_assets":1018787,"cash":129373}],"officers":{"current":7,"resigned":48,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/springfield-charitable-association","people":"https://www.companiesintheuk.co.uk/company/springfield-charitable-association/people","filing_history":"https://www.companiesintheuk.co.uk/company/springfield-charitable-association/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/NI015556","financials":"https://www.companiesintheuk.co.uk/company/springfield-charitable-association/financial","control":"https://www.companiesintheuk.co.uk/company/springfield-charitable-association/control","charges":"https://www.companiesintheuk.co.uk/company/springfield-charitable-association/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/springfield-charitable-association/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/springfield-charitable-association"}