STITCH THE GAP CIC

Company number SC645392 · Active

STITCH THE GAP CIC is a community interest company registered in GLASGOW, United Kingdom, incorporated on 25 Oct 2019. Its registered activity is finishing of textiles. Its latest published accounts for the period ending 31 Mar 2022 show equity of £3,980, total assets of £39k, turnover of £27k, a result of −£2,151. It has filed 2 sets of accounts. 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

Operating margin5.5×-0.203077–-0.0180698 · 0.63 % became insolvent
Industry3.7×13 · 0.43 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Loss2.7×1 · 0.31 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % became insolvent
Legal form0.2×Community Interest Company · 0.02 % became insolvent
Turnover (log)0.3×3.94176–4.75479 · 0.03 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Cash ÷ assets0.9×0.578498–0.951833 · 0.10 % 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
SC645392 · official register
Status
Active
Legal form
Community Interest Company
Incorporated
25 Oct 2019 (7 years)
Registered address
G66 1XP GLASGOW
Postcode area
Glasgow
Activity
13300 Finishing of textiles
Industry
Manufacture of textiles
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202215 Dec 2022£27k −£2,151£3,980£39k £43k£33k6
31 Mar 202115 Jul 2021– –£1,829£5,488 £7,317£4,9452

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

Similar companies in Glasgow

Questions about STITCH THE GAP CIC

What is the company number of STITCH THE GAP CIC?

STITCH THE GAP CIC is registered under company number SC645392 in the official register of United Kingdom. View it at the official register.

Is STITCH THE GAP CIC still active?

Yes. STITCH THE GAP CIC is registered as active (status: Active).

Has STITCH THE GAP CIC gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for STITCH THE GAP CIC in the official data.

How likely is STITCH THE GAP CIC to become insolvent?

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

When was STITCH THE GAP CIC founded?

STITCH THE GAP CIC was incorporated on 25 Oct 2019.

Where is STITCH THE GAP CIC registered?

STITCH THE GAP CIC's registered address is in G66 1XP GLASGOW (Glasgow), United Kingdom.

What do the latest accounts of STITCH THE GAP CIC show?

The latest published accounts (period ending 31 Mar 2022) show equity of £3,980, total assets of £39k, turnover of £27k, a result of −£2,151, 6 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.