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Art Contact Limited

02700787

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

22-26 KING STREET, KING'S LYNN, PE30 1HJ
Incorporated 26/03/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Ms Virginia Misatuski Cornish

director · Since 26/03/1992

ART DEALER

AMERICAN,BRITISH · ENGLAND · Age 68

Mr Nelson Frederick Cornish

director · Since 15/03/2003

DIRECTOR

BRITISH · ENGLAND · Age 69

Nelson Frederick Cornish

secretary · Since 23/02/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Persons with Significant Control

Ms Virginia Misatuski Cornish

25–50% shares
25–50% votes

American,British · England · Age 68

22-26, King Street, King's Lynn, PE30 1HJ

Notified 25/03/2017

Mr Nelson Frederick Cornish

25–50% shares
25–50% votes

British · England · Age 69

22-26, King Street, King's Lynn, PE30 1HJ

Notified 25/03/2017

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 18/09/2003Registered 23/09/2003
charge
satisfied

LLOYDS BANK PLC

Created 14/09/1993Registered 20/09/1993Satisfied 09/02/2004

CompanyRankvs 585+ SIC 90030 peers
75

Financial strength92th percentile among SIC peers · 23/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.13× · 20/20
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 strength23/25 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.

Liquidity20/20 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

£114k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£105k

Working capital

Current Assets

£198k

Current Liabilities

£93k

Fixed Assets

£10k

2avg. employees

Tax at Year End(2021)

Corp tax£538

Balance Sheet

Assets less current liabilities£114k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.13+£22k
20241.79+£6k
20232.50+£25k
20221.54+£19k
20211.49+£4k
20201.54-£3k
20191.45

Derived from filed accounts. Not audited figures.