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So It Is Arts Ltd

09288970

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

67 VICTORIA ROAD, MANCHESTER, M16 8DQ
Incorporated 30/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts

Officers

Mr David Robert Agnew

director · Since 30/10/2014

ARTISTIC DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Persons with Significant Control

Mr David Robert Agnew

75–100% shares

British · England · Age 51

67, Victoria Road, Manchester, M16 8DQ

Notified 01/06/2016

CompanyRankvs 11208+ SIC 90010 peers
37

Financial strength4th percentile among SIC peers · 1/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/10/2022

Net Worth

-£44k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£7k

Current Liabilities

£38k

Fixed Assets

£346

Debtors

£7k

1avg. employees

Tax at Year End

Corp tax£2k

Director Loans

Directors owe company£5k

Balance Sheet

Assets less current liabilities-£31k
Signed by Mr David Agnew 25/07/2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.18-£14k
20210.19+£199
20200.16-£14k
20190.29+£7k

Derived from filed accounts. Not audited figures.