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Friction Arts Limited

05312260

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

THE EDGE 79 - 81 CHEAPSIDE, BIRMINGHAM, B12 0QH
Incorporated 14/12/2004

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

90030
Artistic creation

Officers

Miss Sandra Mary Hall

director · Since 14/12/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Mr Timothy Jonathan Hodgson

director · Since 31/01/2023

PRODUCER

BRITISH · ENGLAND · Age 40

Also on 3 other boards

Ms Heledd Mcbride

director · Since 07/02/2025

SOLICITOR

BRITISH · ENGLAND · Age 48

Ms Rachael Tamon Veazey

director · Since 07/02/2025

CREATIVE PRODUCER AND BSL INTERPRETER

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr Timothy Philip Mills

director · Since 02/09/2025

ARTIST

BRITISH · ENGLAND · Age 44

Mr Ebrahim Nazier

director · Since 02/09/2025

THEATRE DESIGNER

BRITISH · ENGLAND · Age 42

Dr Ellen Mcadam

director · Since 21/10/2025

RETIRED

BRITISH · ENGLAND · Age 74

Also on 1 other board

Charges2 outstanding

Charge
outstanding

UNITY TRUST BANK PLC

Created 03/01/2018Registered 05/01/2018
Charge
outstanding

UNITY TRUST BANK PLC

Created 11/09/2017Registered 26/09/2017

CompanyRankvs 1706+ SIC 90030 peers
68

Financial strength89th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity12/20 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 31/03/2025

Net Worth

£69k

Balance sheet strength

Cash

£407k

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£433k

Current Liabilities

£418k

Fixed Assets

£1.7M

Debtors

£26k

4avg. employees-1

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£1.7M
Signed by 05312260 2024-04-01 2025-03-31 05312260 2025-03-31 05312260 core:RetainedEarningsAccumulatedLosses 2025-03-31 05312260 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.04+£11k
202414.32+£17k
20231.37+£8k
20221.13+£13k
20211.23+£8k
20201.07+£5k
20191.05

Derived from filed accounts. Not audited figures.