Rare Art (London) Limited
01872305
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/01/2025
full
Next accounts due
31/10/2026
Confirmation statement
Last: 21/06/2025
Due 05/07/2026
Industry
Officers
director · Since 06/03/2000
ANTIQUE DEALER
BRITISH · UNITED KINGDOM · Age 55
director · Since 01/07/2013
ANTIQUE DEALER
BRITISH · UNITED KINGDOM · Age 64
Also on 1 other board
Persons with Significant Control
Mr Lewis Samuel Smith
British · United Kingdom · Age 64
12, Dover Street, London, W1S 4LL
Notified 06/04/2016
Charges1 outstanding
COUTTS & CO.
MIDLAND BANK PLC
MIDLAND BANK PLC
CompanyRankvs 563+ SIC 47791 peers44
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
I have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. My responsibilities and the responsibilities of the directors with respect to g
Key FinancialsYear ending 31/01/2025
Net Worth
£50k
Balance sheet strength
Cash
£113k
Cash in the bank
Profit Before Tax
£667k
Bottom line earnings
Net Current Assets
£6.7M
Working capital
Current Assets
£10.4M
Current Liabilities
—
Fixed Assets
£502k
Debtors
£888k
Admin Expenses
£1.9M
Profit After Tax
£498k
Tax at Year End(2020)
People Costs(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2024 | 2.96 | +£0 |
| 2023 | 2.84 | +£0 |
| 2022 | 3.14 | -£6.9M |
| 2020 | 2.81 | — |
Derived from filed accounts. Not audited figures.