Lakeland Arts Enterprises Limited
03015175
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 26/01/2026
Due 09/02/2027
Industry
Officers
director · Since 16/11/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 1 other board
secretary · Since 30/01/2024
Persons with Significant Control
Lakeland Arts
Abbot Hall Art Gallery, Kirkland, Kendal, LA9 5AL
Reg: 08162578 · Companies House · Private Limited Company By Guarantee Without Share Capital Use Of 'Limited' Exemption
Notified 06/04/2016
CompanyRankvs 12166+ SIC 47190 peers37
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
adequate resources are available to continue in operational existence for the foreseeable future. No material uncertainties have been identified regarding the company's ability to continue as a going concern, and any group-level considerations are disclosed in the group accounts. Turnover Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
Key FinancialsYear ending 31/03/2024
Net Worth
£2
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£734
Working capital
Current Assets
£73k
Current Liabilities
£74k
Debtors
£46k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.99 |
| 2023 | 0.28 |
| 2022 | 0.18 |
| 2021 | 0.12 |
| 2020 | 0.19 |
Derived from filed accounts. Not audited figures.