Litearts Limited
04848710
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Arturo Ollandini
British · England · Age 54
6 Woodlands, Bishops Stortford, CM23 5BS
Notified 30/06/2016
Armani Ollandini
British · United Kingdom · Age 54
6, Woodlands, Bishop's Stortford, CM23 5BS
Notified 31/07/2024
CompanyRankvs 4599+ SIC 93290 peers59
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Net Worth
£16k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
—
Current Liabilities
-£48k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£9k |
| 2024 | — | -£20k |
| 2023 | 0.89 | +£9k |
| 2022 | 0.36 | — |
| 2021 | 0.56 | — |
| 2020 | 0.96 | -£2k |
| 2019 | 1.05 | +£4k |
| 2018 | 0.97 | — |
Derived from filed accounts. Not audited figures.