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Headway Arts

03006904

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

HEADWAY ARTSPACE THE OLD CHURCH, BLYTH, NE24 1BY
Incorporated 06/01/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education
90020
Support activities to performing arts
90040
Operation of arts facilities

Officers

Frances May Castle

secretary · Since 06/01/1995

DIRECTOR

BRITISH · Age 65

Ms Sharron Theresa Fawcett

director · Since 06/09/2022

CENTRE MANAGER

BRITISH · ENGLAND · Age 57

Also on 1 other board

Ms Julie Ann Hall

director · Since 08/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Mr Daniel Fraser

director · Since 17/01/2024

GENERAL MANAGER

BRITISH · ENGLAND · Age 41

Also on 1 other board

CompanyRankvs 471+ SIC 85590 peers
87

Financial strength92th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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471Headway Arts
87
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.

Employees14/15 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.

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

Key FinancialsYear ending 31/03/2020

Net Worth

£108k

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£86k

Current Liabilities

£15k

Fixed Assets

£37k

Debtors

£33k

5avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20205.60+£34k
20192.61-£16k
20184.61—

Derived from filed accounts. Not audited figures.