−£45k
vs Nov 2024Active14483546Private limited companyWalsall
PURE MERCY PROJECT CIC
Significant control: Nike Oluwakemi Afolayan (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Pure Mercy Project CIC sell?
Registered activity: Cultural education (SIC 85520). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PURE MERCY PROJECT CIC is an active private limited company (company number 14483546) incorporated on 14 November 2022, registered in Walsall. Its registered activity is cultural education (SIC 85520). Latest small accounts cover the period ending 30 November 2025, showing net assets of −£45k and cash of £700, with 0 employees on average. Turnover was £20k. Net assets fell 43% on the prior period (−£32k).
Peer position · net assets
By net assets it sits in the bottom quarter of 134 comparable companies in Birmingham (median £640, upper quartile £7,190).
02
Ownership and control
- Mrs Nike Oluwakemi Afolayan
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 14 November 20223 yrs ago
- Next accounts due
- 30 August 2027in 307 days
- Confirmation statement due
- 28 November 2026in 32 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 85520
- Cultural education
- SIC 88100
- Social work activities without accommodation for the elderly and disabled
- SIC 88910
- Child day-care activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£700
−65%vs Nov 2024£20k
+13%vs Nov 20240
vs Nov 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 November 2025 | −£45k | £700 | £0 | £17k | £20k | — | 0 |
| 30 November 2024 | −£32k | £2,028 | £0 | £3,924 | £17k | — | 0 |
Current ratio0.04Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-45,218 at 30 November 2025
- Net assets down 25% or more on the prior period-42.7% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.04
- Incorporated two to five years agoIncorporated 14 November 2022
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 307 days
- Confirmation statement duein 32 days
- Accounts period endNet liabilities £45k · small accounts
- Accounts period endNet liabilities £32k · small accounts
- Incorporated
08
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All companies incorporated on 14 November 2022 · in Nov 2022.
09
Reminders for PURE MERCY PROJECT CIC
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.