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Marlborough Fine Art (London) Limited

00925765

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

6 ALBEMARLE STREET, W1X 4BY
Incorporated 11/01/1968

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/06/2025

Due 17/06/2026

On track

Industry

47799
Retail sale of second-hand goods in stores

Officers

Franz Plutschow

director · Since 29/11/2019

FAMILY OFFICE ADVISOR

SWISS · LIECHTENSTEIN · Age 82

Also on 2 other boards

Mr Jeremy Aaron Mellitz

director · Since 11/11/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 71

Charges0 outstanding

Charge
satisfied

BANK LEUMI (UK) PLC

Created 03/12/2014Registered 04/12/2014Satisfied 18/10/2016
charge
satisfied

HSBC BANK PLC

Created 23/10/2012Registered 24/10/2012Satisfied 09/03/2021
charge
satisfied

BANK LEUMI (UK) PLC

Created 12/09/2008Registered 19/09/2008Satisfied 17/10/2014
charge
satisfied

FINART INVESTMENTS LTD

Created 03/02/1984Registered 06/02/1984
charge
satisfied

FINEART INVESTMENT INC

Created 19/03/1980Registered 24/03/1980

CompanyRankvs 16+ SIC 47799 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.77× · 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.

Employees14/15 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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease opera

Key FinancialsYear ending 31/12/2023

Turnover

£3.4M

Annual revenue

Net Worth

£4.8M

Balance sheet strength

Cash

£909k

Cash in the bank

Profit Before Tax

-£4.4M

Bottom line earnings

Net Current Assets

£5.7M

Working capital

Current Assets

£6.5M

Current Liabilities

£836k

Fixed Assets

£655k

Debtors

£601k

Cost of Sales

£2.6M

Gross Profit

£735k

Admin Expenses

£3.0M

Operating Profit

-£4.4M

Profit After Tax

-£4.4M

16avg. employees

People Costs

Wages & salaries£907k
NI contributions£96k

Balance Sheet

Assets less current liabilities£6.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20237.77

Derived from filed accounts. Not audited figures.