Manchester City Galleries Trust
03053689
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 05/05/2026
Due 19/05/2027
Industry
Officers
secretary · Since 12/07/2012
director · Since 05/11/2021
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 2 other boards
director · Since 05/11/2021
DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 1 other board
director · Since 06/12/2024
FINANCIAL DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 6 other boards
CompanyRankvs 96+ SIC 91020 peers66
Show leaderboard
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable 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. Our responsibilities and the responsibilities of the Trustees with respect to going co
Key FinancialsYear ending 31/03/2025
Net Worth
£2.0M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Net Current Assets
£2.0M
Working capital
Current Assets
£2.2M
Current Liabilities
£256k
Debtors
£38k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 8.62 | +£257k |
| 2024 | 6.79 | +£333k |
| 2023 | 7.69 | +£64k |
| 2022 | 7.00 | +£504k |
| 2021 | 12.12 | +£500k |
| 2020 | 2.73 | — |
Derived from filed accounts. Not audited figures.