Ed Cross Fine Art Ltd
06989548
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Edward Robert Cross
British · England · Age 69
Avaland House, 110 London Road, Hemel Hempstead, HP3 9SD
Notified 01/08/2016
CompanyRankvs 1023+ SIC 47781 peers34
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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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure At 31st March 2025 the company had net liabilities of £108,647 (2024: £72,954) which may cast significant doubt about the company's ability to continue as a going concern. Inc
Key FinancialsYear ending 31/03/2025
Net Worth
-£109k
Balance sheet strength
Cash
£193
Cash in the bank
Net Current Assets
-£110k
Working capital
Current Assets
£97k
Current Liabilities
£208k
Fixed Assets
£2k
Debtors
£66k
Tax at Year End(2024)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.47 | -£36k | — |
| 2024 | 0.57 | -£104k | £7k |
| 2023 | 1.32 | -£47k | — |
| 2022 | 3.00 | -£11k | — |
| 2021 | 2.40 | — | £59k |
Derived from filed accounts. Not audited figures.