Back to search

Jax Art Limited

04346589

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 15 TYSELEY INDUSTRIAL, BIRMINGHAM, B11 2LQ
Incorporated 03/01/2002

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/01/2026

Due 17/01/2027

On track

Industry

46900
Non-specialised wholesale trade

Officers

Mr Darshan Singh Virdee

director · Since 03/01/2002

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Persons with Significant Control

Januk Holdings Limited

ownership-of-shares-75-to-100-percent-as-firm

Unit 15 Tyseley Industrial, Estate Seeleys Road, Birmingham, B11 2LQ

Reg: 05836769 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 12/07/2013Registered 16/07/2013
charge
outstanding

BATHROOM CITY LIMITED

Created 05/12/2007Registered 11/12/2007
charge
satisfied

HSBC BANK PLC

Created 09/02/2007Registered 15/02/2007Satisfied 11/06/2014

CompanyRankvs 12114+ SIC 46900 peers
37

Financial strength18th percentile among SIC peers · 5/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength5/25 pts

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

Employees10/15 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 30/11/2024

Net Worth

£1

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£752k

Working capital

Current Assets

£221k

Current Liabilities

£973k

Fixed Assets

£4k

Debtors

£220k

2avg. employees

Balance Sheet

Assets less current liabilities-£748k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.23
20230.26
20220.06
20210.14
20200.21
20190.06
20180.11

Derived from filed accounts. Not audited figures.