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Art Exhibition Textiles Limited

03816159

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

3 ST MARY'S PLACE, BURY, BL9 0DZ
Incorporated 29/07/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles

Officers

Mr Nasir Ahmed Sheikh

director · Since 29/07/1999

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 7 other boards

Mr Nasir Ahmed Sheikh

secretary · Since 16/10/2013

Also on 7 other boards

Persons with Significant Control

Mr Nasir Ahmed Sheikh

25–50% shares

British · England · Age 76

35, Waters Meeting, Bolton, BL2 2HH

Notified 06/04/2016

Mr Xuesong Gao

25–50% shares

Chinese · Pr China · Age 54

Unit 35, Waters Meeting, Bolton, BL2 2HH

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 20/04/2015Registered 20/04/2015
Charge
outstanding

HSBC BANK PLC

Created 20/04/2015Registered 20/04/2015
Charge
outstanding

HSBC BANK PLC

Created 20/04/2015Registered 20/04/2015
Charge
satisfied

BARCLAYS BANK PLC

Created 22/11/2013Registered 04/12/2013Satisfied 30/11/2019
charge
satisfied

BARCLAYS BANK PLC

Created 27/10/2009Registered 05/11/2009Satisfied 09/09/2020
charge
satisfied

BARCLAYS BANK PLC

Created 28/07/2004Registered 05/08/2004Satisfied 30/11/2019
charge
satisfied

RDM FACTORS LIMITED

Created 03/05/2002Registered 04/05/2002Satisfied 02/09/2004

CompanyRankvs 2049+ SIC 46410 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0× · 2/20
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 strength1/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/12/2024

Net Worth

-£186k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£149k

Working capital

Current Assets

£354

Current Liabilities

£149k

Fixed Assets

£5

1avg. employees

Balance Sheet

Assets less current liabilities-£149k
Signed by Mr Nasir Sheikh 11 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£8k
20230.01-£27k
20220.51-£55k
20210.48-£145k
20201.29-£16k
20191.34-£13k
20180.98

Derived from filed accounts. Not audited figures.