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Waddington Custot Galleries Limited

00872520

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

11 CORK STREET, W1S 3LT
Incorporated 28/02/1966

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/05/2026

Due 11/06/2027

On track

Industry

47781
Retail sale in commercial art galleries

Officers

Mr Nizar Kanji

secretary · Since 01/01/2017

Also on 14 other boards

Mr Nizar Kanji

director · Since 01/01/2017

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 75

Also on 14 other boards

Mr Jacob Twyford

director · Since 01/11/2018

ART DIRECTOR

BRITISH · ENGLAND · Age 63

Mr Victor Custot

director · Since 28/08/2024

COMPANY DIRECTOR

FRENCH · ENGLAND · Age 33

Persons with Significant Control

Mr Stephane Custot

75–100% shares
75–100% votes

French · Switzerland · Age 63

11 Cork Street, W1S 3LT

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 30/10/2015Registered 06/11/2015
charge
satisfied

BARCLAYS BANK PLC

Created 09/10/1996Registered 11/10/1996Satisfied 02/06/2015
charge
satisfied

BARCLAYS BANK PLC

Created 12/07/1996Registered 22/07/1996Satisfied 02/06/2015
charge
satisfied

BARCLAYS BANK PLC (AS AGENT AND TRUSTEE FOR THE LENDERS UNDER THE TERMS OF THE FACILITYAGREEMEN

Created 26/04/1996Registered 01/05/1996Satisfied 02/06/2015
charge
satisfied

BARCLAYS BANK PLC (AS AGENT AND TRUSTEE FOR THE LENDERS AS DEFINED IN THE FACILITY AGREEMENT)

Created 26/04/1996Registered 01/05/1996Satisfied 02/06/2015
charge
satisfied

BARCLAYS BANK PLC

Created 27/05/1993Registered 09/06/1993Satisfied 16/06/2015
charge
satisfied

BARCLAYS BANK PLC FOR ITSELF AND ACTING AS AGENT (AS DEFINED IN THE FACILITY AGREEMENT

Created 29/04/1993Registered 11/05/1993Satisfied 02/06/2015
charge
satisfied

BARCLAYS BANK PLC FOR ITSELF AND ACTING IN ITS CAPACITY AS AGENT

Created 19/06/1990Registered 26/06/1990Satisfied 16/06/2015
charge
satisfied

BARCLAYS BANK PLC

Created 20/01/1989Registered 25/01/1989Satisfied 14/12/1990
charge
satisfied

BARCLAYS BANK PLC

Created 24/10/1985Registered 31/10/1985Satisfied 16/06/2015
charge
satisfied

BARCLAYS BANK PLC

Created 03/04/1984Registered 10/04/1984Satisfied 09/02/1989
charge
satisfied

BARCLAYS BANK PLC

Created 10/09/1982Registered 22/09/1982Satisfied 09/02/1989
charge
satisfied

BARCLAYS BANK PLC

Created 03/07/1972Registered 07/07/1972Satisfied 16/06/2015

CompanyRankvs 15+ SIC 47781 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 10.83× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£11.2M

Annual revenue

Net Worth

£25.7M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£528k

Bottom line earnings

Net Current Assets

£25.7M

Working capital

Current Assets

£28.3M

Current Liabilities

£2.6M

Fixed Assets

£9k

Debtors

£1.4M

Cost of Sales

£6.4M

Gross Profit

£4.8M

Admin Expenses

£370k

Operating Profit

£506k

Profit After Tax

£377k

14avg. employees

Tax at Year End

Corp tax£52k

People Costs

Wages & salaries£866k
NI contributions£90k

Balance Sheet

Assets less current liabilities£25.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202410.83+£377k
20238.24+£769k
20225.09+£2.8M
20215.06

Derived from filed accounts. Not audited figures.