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Waddington Custot Galleries Limited

00872520

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

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: 28/05/2025

Due 11/06/2026

On track

Industry

47781
Retail sale in commercial art galleries

Officers

Nizar Kanji

secretary · Since 01/01/2017

Victor Custot

director · Since 28/08/2024

French

Nizar Kanji

director · Since 01/01/2017

British

Jacob Twyford

director · Since 01/11/2018

British

Former

John Stuart Dunley

secretary · Resigned 01/01/2017

Thomas Hamilton Lighton

secretary · Resigned 22/07/2004

Thomas Hamilton Lighton

secretary · Resigned 20/01/2003

Charles William Noel

secretary · Resigned 09/09/2003

Stephen Frederick Saunders

secretary · Resigned 26/07/2002

Nitin Devchand Savadia

secretary · Resigned 22/07/2013

Roxana Afshar

director · Resigned 01/09/2022

Jeffrey Mark Berman

director · Resigned 03/09/1993

Vanessa Anne Bernstein

director · Resigned 02/04/1993

Benjamin Haddon Dunster Brown

director · Resigned 31/12/2003

Jean Francois Cecillon

director · Resigned 31/12/2018

Alan Colin Cristea

director · Resigned 31/12/1994

Stephane Felix Jerome Custot

director · Resigned 01/04/2018

John Stuart Dunley

director · Resigned 01/01/2017

Thomas Hamilton Lighton

director · Resigned 24/07/2009

Alexander Lord Bernstein Of Craigweil

director · Resigned 12/04/2010

Alistair Mcalpine

director · Resigned 17/01/2014

Phillida Rachel Mary Reid

director · Resigned 31/07/2009

Stephen Frederick Saunders

director · Resigned 26/07/2002

Nitin Devchand Savadia

director · Resigned 22/07/2013

Hester Van Roijen

director · Resigned 28/06/2001

Anya Waddington

director · Resigned 30/11/2015

Leslie Waddington

director · Resigned 30/11/2015

CompanyRankvs 105+ SIC 47781 peers
80

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 -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

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

Derived from filed accounts. Not audited figures.