Art Search Limited
01696757
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 19/09/2023
Persons with Significant Control
Mr Philip Herriott
British · England · Age 69
33 Kingswood Avenue, NW6 6LR
Notified 30/06/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 18014+ SIC 90030 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£85k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£42k
Current Liabilities
£92k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.46 | +£11k |
| 2024 | 0.24 | +£752 |
| 2023 | 0.21 | -£193k |
| 2022 | 0.20 | +£2k |
| 2021 | 0.21 | +£3k |
| 2020 | 0.23 | +£185k |
| 2019 | 0.21 | — |
Derived from filed accounts. Not audited figures.