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Photo Art Centre Limited

01765193

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

24 ST. PETERS STREET, COLCHESTER, CO1 1ED
Incorporated 27/10/1983

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/09/2025

Due 28/09/2026

On track

Industry

46180
Agents specialised in the sale of other particular products
47781
Retail sale in commercial art galleries
90030
Artistic creation
90040
Operation of arts facilities

Officers

Mr Devendra Prabhoobhai Patel

secretary · Since 04/09/1992

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Baldeva Prabhoobhai Patel

director · Since 04/09/1992

BUSINESSMAN

ZAMBIAN · ENGLAND · Age 64

Mr Devendra Prabhoobhai Patel

director · Since 04/09/1992

BUSINESSMAN

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Sunil Prahoobhai Patel

director · Since 04/09/1992

TECHNICAL ILLUSTRATOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Mr Sunil Prabhoobhai Patel

ownership-of-shares-25-to-50-percent-as-firm

British · England · Age 67

24, St. Peters Street, Colchester, CO1 1ED

Notified 01/09/2016

Mr Baldeva Prabhoobhai Patel

ownership-of-shares-25-to-50-percent-as-firm

Zambian · England · Age 64

24, St. Peters Street, Colchester, CO1 1ED

Notified 01/09/2016

Mr Devendra Prabhoobhai Patel

ownership-of-shares-25-to-50-percent-as-firm

British · England · Age 62

24, St. Peters Street, Colchester, CO1 1ED

Notified 01/09/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/05/2022Registered 05/05/2022
charge
outstanding

LLOYDS BANK PLC

Created 12/12/1985Registered 20/12/1985

CompanyRankvs 3730+ SIC 46180 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3730Photo Art Centre Limited
45
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.

Employees12/15 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.

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 31/12/2024

Net Worth

-£111k

Balance sheet strength

Cash

£917

Cash in the bank

Net Current Assets

-£112k

Working capital

Current Assets

£15k

Current Liabilities

£126k

Fixed Assets

£950

Debtors

£6k

3avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£2k
20230.36-£79k
20211.19+£9k
20201.10+£10k
20191.21+£20k
20180.82-£453
20170.82—

Derived from filed accounts. Not audited figures.