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Studioworx Contemporary Art Limited

05234304

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

3 Colegate, Norwich, NR3 1BN
Incorporated 17/09/2004

Previously known as

Studioworx Contemporary Limited · until 22/09/2004

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/01/2026

Due 03/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Andrew James Scofield

director · Since 19/07/2019

British · England · Age 55

Tom Burdett

director · Since 07/07/2025

British · England · Age 40

Former

Kevin Withers

secretary · Resigned 19/09/2017

Robert Andrew Dickson

director · Resigned 17/04/2025

Mark Robert Withers

director · Resigned 12/02/2026

Joseph Richard Woolsgrove

director · Resigned 12/02/2026

Persons with Significant Control

Soak Digital Ltd

75–100% shares
75–100% votes
Appoint directors

3, Colegate, Norwich, NR3 1BN

Reg: 06784718 · Companies House · Private Limited Company

Notified 31/12/2025

Former PSCs

Mr Mark Robert Withers

Ceased 07/06/2024

Mr Andrew James Schofield

Ceased 07/06/2024

Finelight Group Limited

Ceased 31/12/2025

Change History

statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line13 Colegate
2026-06-08

3 COLEGATE

post townNorwich
2026-06-08

NORWICH

CompanyRankvs 6403+ SIC 62012 peers
78

Financial strength73th percentile among SIC peers · 18/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.64× · 16/20
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 strength18/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£19k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£110k

Current Liabilities

£67k

Fixed Assets

£5k

Debtors

£74k

12avg. employees-1

Balance Sheet

Assets less current liabilities£47k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20241.64-£78k
20232.58

Derived from filed accounts. Not audited figures.