BANGDRUM CIC

Company number 07386851 · Active

BANGDRUM CIC is a community interest company registered in ASHTON-UNDER-LYNE, United Kingdom, incorporated on 24 Sep 2010. Its registered activity is cultural education. Its latest published accounts for the period ending 31 Mar 2025 show equity of £47k, total assets of £56k, turnover of £47k, a result of £1,156. It has filed 6 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Region3.7×OL · 0.43 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Operating margin3.2×0.0315141–0.149908 · 0.37 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Return on assets2.3×-0.0567532–0.0288065 · 0.27 % became insolvent
Turnover growth2.1×-0.214514–0.0249257 · 0.25 % became insolvent

Lowers the risk

Legal form0.2×Community Interest Company · 0.02 % became insolvent
Turnover (log)0.3×3.94176–4.75479 · 0.03 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
07386851 · official register
Status
Active
Legal form
Community Interest Company
Incorporated
24 Sep 2010 (16 years)
Registered address
OL5 9JL ASHTON-UNDER-LYNE
Postcode area
Oldham
Activity
85520 Cultural education
Industry
Education
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025£47k £1,156£47k£56k £9,193£47k0
31 Mar 202415 Sep 2024£59k £1,171£46k£63k £17k£61k0
31 Mar 202315 Jul 2023£79k £1,742£45k£68k £23k£59k0
31 Mar 202215 Dec 2022£91k £9,318£43k£64k £10k£61k0
31 Mar 202115 Dec 2021£66k £5,674£34k£60k £0£59k0
31 Mar 202015 Oct 2020£62k £871£28k£52k £24k£42k0

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Oldham

Questions about BANGDRUM CIC

What is the company number of BANGDRUM CIC?

BANGDRUM CIC is registered under company number 07386851 in the official register of United Kingdom. View it at the official register.

Is BANGDRUM CIC still active?

Yes. BANGDRUM CIC is registered as active (status: Active).

Has BANGDRUM CIC gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for BANGDRUM CIC in the official data.

How likely is BANGDRUM CIC to become insolvent?

Our model estimates a 0.01 % probability that BANGDRUM CIC becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was BANGDRUM CIC founded?

BANGDRUM CIC was incorporated on 24 Sep 2010.

Where is BANGDRUM CIC registered?

BANGDRUM CIC's registered address is in OL5 9JL ASHTON-UNDER-LYNE (Oldham), United Kingdom.

What do the latest accounts of BANGDRUM CIC show?

The latest published accounts (period ending 31 Mar 2025) show equity of £47k, total assets of £56k, turnover of £47k, a result of £1,156, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.