Monika Spruth & Philomene Magers Limited
05858134
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 21/09/2025
Due 05/10/2026
Industry
Officers
secretary · Since 26/06/2006
GERMAN · GERMANY · Age 77
Also on 5 other boards
director · Since 26/06/2006
ART DEALER
GERMAN · GERMANY · Age 61
director · Since 26/06/2006
ART DEALER
GERMAN · GERMANY · Age 77
Also on 5 other boards
director · Since 09/04/2010
ARTISTIC CONSULTANT
GERMAN · UNITED KINGDOM · Age 53
director · Since 03/11/2025
BRITISH · ENGLAND · Age 64
Also on 3 other boards
Persons with Significant Control
Mrs Philomene Korinna Kornelia Schmidt-Garre
German · Germany · Age 61
5 Giffard Court, Millbrook Close, Northampton, NN5 5JF
Notified 26/06/2017
Mrs Monika Ilse Gabriele Spruth
German · Germany · Age 77
5 Giffard Court, Millbrook Close, Northampton, NN5 5JF
Notified 26/06/2017
Charges0 outstanding
HSBC BANK PLC
MATTHEW DEREK PINTUS,JOHN HUGH HORNBY,KEITH JAMES BRUCE-SMITH AND ADRIAN WILSON
CompanyRankvs 82+ SIC 47781 peers76
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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.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£11.1M
Annual revenue
Net Worth
£5.4M
Balance sheet strength
Cash
£495k
Cash in the bank
Profit Before Tax
-£1.7M
Bottom line earnings
Net Current Assets
£5.4M
Working capital
Current Assets
£14.6M
Current Liabilities
£9.2M
Fixed Assets
£397k
Debtors
£8.5M
Cost of Sales
£9.5M
Gross Profit
£1.7M
Admin Expenses
£3.6M
Operating Profit
-£1.8M
Profit After Tax
-£1.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.58 | -£1.3M |
| 2023 | 1.92 | +£2k |
| 2022 | 2.13 | -£179k |
| 2021 | 2.60 | -£637k |
| 2020 | 2.00 | +£1.3M |
| 2019 | 1.56 | — |
Derived from filed accounts. Not audited figures.