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Way Art West

04173248

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE WEST WING WYNDCLIFFE COURT, CHEPSTOW, NP16 6EY
Incorporated 06/03/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mr Paul Fordham

secretary · Since 06/03/2001

ARTS OFFICER

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Steve Coles

director · Since 06/03/2001

GRAPHIC DESIGNER

BRITISH · UNITED KINGDOM · Age 60

Mr Paul Fordham

director · Since 06/03/2001

ARTS OFFICER

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Persons with Significant Control

Mr Paul Fordham

25–50% votes

British · England · Age 61

The West Wing, Wyndcliffe Court, Chepstow, NP16 6EY

Notified 03/10/2016

CompanyRankvs 4720+ SIC 90020 peers
55

Financial strength13th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 30.68× · 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.

Employees2/15 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 31/03/2025

Net Worth

-£6k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£40

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Signed by 
 
 Approved by the board on 9 December 2025

EstimatesDerived

YearCurrent RatioImplied Profit
202530.68+£4k
2024+£209
2023+£756
2022-£3k
20212.97

Derived from filed accounts. Not audited figures.