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Art-Ma Ltd

03800855

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1 LINDEN AVENUE, MIDDLESEX, HA9 8BB
Incorporated 05/07/1999

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 23/02/2026

Due 09/03/2027

On track

Industry

47781
Retail sale in commercial art galleries
62020
Information technology consultancy activities
90030
Artistic creation

Officers

Mr Nilesh Patel

director · Since 27/10/2006

NONE

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mrs. Jamnaben Patel

secretary · Since 29/04/2008

RETIRED

BRITISH · Age 82

Ms Reena Popat

director · Since 05/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Nilesh Patel

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 51

1 Linden Avenue, Middlesex, HA9 8BB

Notified 06/04/2016

CompanyRankvs 438+ SIC 47781 peers
64

Financial strength11th percentile among SIC peers · 3/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 10.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 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 31/07/2024

Net Worth

-£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£235k

Working capital

Current Assets

£260k

Current Liabilities

£25k

Fixed Assets

£52

2avg. employees

Tax at Year End(2020)

VAT-£119

Balance Sheet

Assets less current liabilities£235k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202410.42-£4k
20236.53-£61k
20220.86+£12k
20210.90+£26k
20200.88-£22k
20190.58+£7k
20181.38

Derived from filed accounts. Not audited figures.