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But Is It Art Limited

07474814

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

C/O PRECISION ACCOUNTANCY LLP BRADBOURNE HOUSE, EAST MALLING, ME19 6DZ
Incorporated 21/12/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

Officers

Glen Andrew Phillips

director · Since 21/12/2010

British

Former

Barbara Kahan

director · Resigned 21/12/2010

CompanyRankvs 16580+ SIC 53202 peers
67

Financial strength46th percentile among SIC peers · 12/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.23× · 12/20
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 strength12/25 pts

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

Employees13/15 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.

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

£545

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£108k

Current Liabilities

£88k

Fixed Assets

£12k

Debtors

£87k

3avg. employees

Balance Sheet

Bank loans & overdrafts£22k
Assets less current liabilities£32k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20241.23

Derived from filed accounts. Not audited figures.