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Work Of Art Limited

09255550

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

21-27 LAMB'S CONDUIT STREET, LONDON, WC1N 3GS
Incorporated 08/10/2014

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 08/10/2025

Due 22/10/2026

On track

Industry

90030
Artistic creation

Officers

Mr Eugene Hughes

secretary · Since 08/10/2014

Also on 4 other boards

Mr Eugene Hughes

director · Since 08/10/2014

DIRECTOR

IRISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Persons with Significant Control

Mr Eugene Hughes

75–100% shares

Irish · United Kingdom · Age 57

21-27, Lamb's Conduit Street, London, WC1N 3GS

Notified 08/10/2016

Charges2 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/08/2019Registered 22/08/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 10/06/2015Registered 19/06/2015
Charge
outstanding

BARCLAYS BANK PLC

Created 18/03/2015Registered 20/03/2015

CompanyRankvs 11879+ SIC 90030 peers
43

Financial strength86th percentile among SIC peers · 22/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees2/15 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.

Longevity12/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2019

Net Worth

£47k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£220k

Working capital

Current Assets

£183k

Current Liabilities

£402k

Fixed Assets

£1.4M

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M

EstimatesDerived

YearCurrent RatioImplied Profit
20190.45+£4k
20180.01

Derived from filed accounts. Not audited figures.