DRUM HAPPY CIC

Company number 12595941 · Active

DRUM HAPPY CIC is a community interest company registered in RAMSBOTTOM, United Kingdom, incorporated on 11 May 2020. Its registered activity is cultural education. Its latest published accounts for the period ending 31 May 2025 show equity of £1,803, total assets of £951, turnover of £14k, a result of −£3,255. It has filed 5 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Loss2.7×1 · 0.31 % became insolvent
Operating margin2.2×< -0.203077 · 0.26 % became insolvent
Region1.9×BL · 0.22 % became insolvent
Accounts type1.9×with p&l · 0.22 % 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
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Current ratio0.7×< 0.0828928 · 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
12595941 · official register
Status
Active
Legal form
Community Interest Company
Incorporated
11 May 2020 (6 years)
Registered address
BL0 9EL RAMSBOTTOM
Postcode area
Bolton
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 May 202515 Feb 2026£14k −£3,255£1,803£951 £2,754£261
31 May 202415 Feb 2025£6,953 £589£1,452£3,266 £0£3101
31 May 202315 Feb 2024£17k £1,017£863£3,154 £2,291£1671
31 May 202215 May 2023£2,349 £759£154£324 £478£51
31 May 202115 Feb 2022£295 −£913£377£377 £0£3773

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

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Questions about DRUM HAPPY CIC

What is the company number of DRUM HAPPY CIC?

DRUM HAPPY CIC is registered under company number 12595941 in the official register of United Kingdom. View it at the official register.

Is DRUM HAPPY CIC still active?

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

Has DRUM HAPPY CIC gone bankrupt or into insolvency?

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

How likely is DRUM HAPPY CIC to become insolvent?

Our model estimates a 0.00 % probability that DRUM HAPPY CIC becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was DRUM HAPPY CIC founded?

DRUM HAPPY CIC was incorporated on 11 May 2020.

Where is DRUM HAPPY CIC registered?

DRUM HAPPY CIC's registered address is in BL0 9EL RAMSBOTTOM (Bolton), United Kingdom.

What do the latest accounts of DRUM HAPPY CIC show?

The latest published accounts (period ending 31 May 2025) show equity of £1,803, total assets of £951, turnover of £14k, a result of −£3,255, 1 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.