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Local Art Shop Limited

07183827

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR STERLING HOUSE, LITTLE EATON, DE21 5EL
Incorporated 10/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Mark Richard Hutchby

director · Since 10/03/2010

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Mark Richard Hutchby

75–100% shares

British · England · Age 51

First Floor Sterling House, Outrams Wharf, Little Eaton, DE21 5EL

Notified 06/04/2016

CompanyRankvs 6723+ SIC 47789 peers
38

Financial strength7th percentile among SIC peers · 2/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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6723Local Art Shop Limited
38
How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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 30/04/2025

Net Worth

-£43k

Balance sheet strength

Cash

£335

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£34k

Current Liabilities

£83k

Fixed Assets

£6k

1avg. employees

Tax at Year End(2021)

Corp tax£5k

Balance Sheet

Assets less current liabilities-£43k
Signed by Mr M R Hutchby 5 January 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41-£4k
20240.45-£12k
20230.56-£4k
20220.63-£827
20210.69—

Derived from filed accounts. Not audited figures.