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The Machin Arts Foundation

04610196

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 05/12/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85520
Cultural education

Officers

Mr Dominic Ancel Newton

director · Since 20/09/2007

ENGINEER

BRITISH · SCOTLAND · Age 59

Also on 2 other boards

Miss Eileen Cooper

director · Since 21/03/2016

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 5 other boards

Mr Dominic Ancel Newton

secretary · Since 19/01/2023

Also on 2 other boards

CompanyRankvs 536+ SIC 85520 peers
63

Financial strength93th percentile among SIC peers · 23/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 7.63× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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90
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90
3Ukrainian Religious Society Of St. Sophia Limited
90
4Dawliffe Hall Educational Foundation
90
5Berkshire Young Musicians Trust (The)
90
6Al Furqan Islamic Heritage Foundation
90
7198 Contemporary Arts And Learning Limited
90
8The Sulgrave Manor Trust
90
9Saferworld
90
10The Muslim Cultural Heritage Centre (Mchc) Trust
90
536The Machin Arts Foundation
73
How is this score calculated?
Financial strength23/25 pts

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

Employees0/15 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.

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

which are included at market value, as modified by the revaluation of certain assets. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. The preparation of the financial statements in conformity with generally accepted accounting principles requires the Directors to make estimates and assumptions that affect the reported amoun

Key FinancialsYear ending 31/12/2018

Net Worth

£72k

Balance sheet strength

Cash

£479

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£14k

Current Liabilities

£2k

Fixed Assets

£60k

Debtors

£13k

Balance Sheet

Assets less current liabilities£72k
Interest receivable£3k
Signed by D A NewtonPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20187.63

Derived from filed accounts. Not audited figures.