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New Art Projects Limited

01557838

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

14 DAVID MEWS, LONDON, W1U 6EQ
Incorporated 24/04/1981

Compliance

Last accounts

22/12/2024

total exemption full

Next accounts due

22/09/2026

On track

Confirmation statement

Last: 05/03/2026

Due 19/03/2027

On track

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Frederick George Mann

secretary · Since 23/10/2013

Also on 5 other boards

Mr Frederick George Mann

director · Since 23/10/2013

ARTIST

BRITISH · ENGLAND · Age 54

Also on 5 other boards

Persons with Significant Control

Mr Frederick George Mann

Significant control

British · England · Age 54

34b, Malvern Road, London, E8 3LP

Notified 30/06/2016

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 27/04/2000Registered 29/04/2000Satisfied 17/04/2014
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 27/04/2000Registered 29/04/2000Satisfied 17/04/2014

CompanyRankvs 7023+ SIC 47789 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

-£65k

Balance sheet strength

Cash

£5

Cash in the bank

Net Current Assets

-£111k

Working capital

Current Assets

£26k

Current Liabilities

£137k

Fixed Assets

£95k

Debtors

£26k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£16k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.19+£62k
20220.18-£39k
20210.49+£145k
20200.20-£707k
20190.24

Derived from filed accounts. Not audited figures.