Extreme Needle Studios (Covent Garden) Ltd
08513662
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/05/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 6 other boards
Persons with Significant Control
Mr Abraham Panayi
British · United Kingdom · Age 51
Lucas End Farm, Lucas End Farm, Libra Business Centre, Waltham Cross, EN7 6TH
Notified 01/10/2016
CompanyRankvs 13692+ SIC 96090 peers72
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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.
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
£13k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
£11k
Working capital
Current Assets
£20k
Current Liabilities
£9k
Fixed Assets
£14k
Debtors
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.21 | +£4k |
| 2024 | 1.53 | +£16k |
| 2023 | 1.01 | +£8k |
| 2022 | 0.79 | -£4k |
| 2021 | 4.79 | -£40k |
| 2020 | 13.05 | +£2k |
| 2019 | 4.47 | — |
Derived from filed accounts. Not audited figures.