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Penwith Galleries Limited

01067234

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

PENWITH GALLERY, ST. IVES, TR26 1NL
Incorporated 22/08/1972

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90040
Operation of arts facilities
96090
Other personal service activities

Officers

Mr Percival Ross Williams

director · Since 08/03/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 7 other boards

Mr Percival Ross Williams

secretary · Since 28/11/2015

Also on 7 other boards

Mr David John Elliott

director · Since 02/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 67

Mr Huw Thomas Leaper

director · Since 01/04/2021

SCULPTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr Michael Anthony Nelhams

director · Since 20/12/2023

GARDEN CURATOR

BRITISH · ENGLAND · Age 70

Also on 1 other board

Mrs Julie Deborah Wingfield

director · Since 20/12/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Aidan Hicks

director · Since 10/07/2024

FARMER

BRITISH · UNITED KINGDOM · Age 59

Charges3 outstanding

charge
outstanding

THE CORNWALL COUNTY COUNCIL.

Created 25/03/1985Registered 26/03/1985
charge
outstanding

BARCLAYS BANK LTD

Created 18/04/1975Registered 09/05/1975
charge
satisfied

MIDLAND BANK LTD

Created 03/01/1975Registered 13/01/1975Satisfied 28/10/2014
charge
outstanding

THE COUNTY COUNCIL OF CORNWALL

Created 23/08/1974Registered 28/08/1974

CompanyRankvs 3040+ SIC 90040 peers
69

Financial strength94th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£402k

Balance sheet strength

Cash

£130k

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£180k

Current Liabilities

£124k

Fixed Assets

£347k

Debtors

£39k

5avg. employees+1

Balance Sheet

Assets less current liabilities£402k
Interest receivable£56k
Signed by P R WilliamsPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.45+£36k
20241.28+£58k
20231.70+£24k
20221.53+£72k
20211.62+£46k
202018.16+£18k
201910.66

Derived from filed accounts. Not audited figures.