Company Overview
Foundation For Arts, Creativity & Exchange (Face) Ltd is a Dissolved Private Limited By Guarantee Without Share Capital.
Registered Address

53 Tidenham Gardens, Croydon, CR0 5UT
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Companies House Data
Company NameFOUNDATION FOR ARTS, CREATIVITY & EXCHANGE (FACE) LTD
Company Number07662124
Registered Office Address53 Tidenham Gardens
 CR0 5UT
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date08/06/2011
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2020
Accounts Last Made Up Date30/06/2018
Accounts Account CategoryDORMANT
Returns Next Due Date06/07/2017
Returns Last Made Up Date08/06/2016
Previous Company NameChanged Date
FOUNDATION FOR AFRICAN CENTRES OF EXCHANGE (FACE) LTD01 May 2012
ACE FOUNDATION LIMITED24 Aug 2011
Directors & Members
Show Resigned
Daniel Labonne - Director
(British, 76 years old, born January 1950)
Appointed 01 June 2016
 Active
Secretaries
Marie Labonne - Secretary
Appointed 08 June 2011
 Active
Other Company Directorships
Daniel Labonne
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Jun-2018 30-Jun-2017 30-Jun-2016
Balance Sheet
Fixed Assets 0 0 0
Current Assets 0 0 0
Creditors Due Within One Year 324 324 324
Working Cap -324 -324 -324
Total Assets Less Current Liabilities -324 -324 -324
Long-term Liabilities 0 0 0
Net Assets -324 -324 -324
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -324 -324 -324
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2018 30-Jun-2017 30-Jun-2016
Tangible Fixed Assets - - -
Fixed Assets - - -
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets - - -
Creditors Due Within One Year ∞% ∞% ∞%
Net Current Assets Liabilities -∞% -∞% -∞%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -∞%
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -∞% -∞% -∞%
Capital Employed - - -
Total Assets Less Current Liabilities -∞% -∞% -∞%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2018 30-Jun-2017 30-Jun-2016
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio 0.0 0.0 0.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2018 30-Jun-2017 30-Jun-2016
Assets 0 0 0
Debt 324 324 324
Net Assets/Debt -324 -324 -324
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 8 June 2019 with no updates
Confirmation statement made on 8 June 2018 with no updates
Confirmation statement made on 8 June 2017 with updates
Termination of appointment of Jose Mykell Seeboruth as a director on 1 June 2016
Termination of appointment of Sylvie Charles as a director on 1 June 2016
Appointment of Mr Daniel Hermann Labonne as a director on 1 June 2016
Annual return made up to 8 June 2016 no member list
Annual return made up to 8 June 2015 no member list
Compulsory strike-off action has been discontinued
Annual return made up to 8 June 2014 no member list
Registered office address changed from 315 Sydenham Road Croydon London CR0 2EL United Kingdom to C/O S. Labonne 53 Tidenham Gardens Croydon CR0 5UT on 14 October 2014
First Gazette notice for compulsory strike-off
Annual return made up to 8 June 2013 no member list
Appointment of Jose Mykell Seeboruth as a director
Appointment of Mrs Sylvie Charles as a director
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