Launceston Gallery Limited
09567376
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 29/04/2015
director · Since 29/04/2015
FINANCE
BRITISH · UNITED KINGDOM · Age 52
Also on 4 other boards
Persons with Significant Control
Mrs Nathalie Assi
French · United Kingdom · Age 48
4 Douro Place, London, W8 5PH
Notified 01/01/2017
CompanyRankvs 1191+ SIC 47781 peers40
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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 30/04/2025
Net Worth
-£434k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£433k
Working capital
Current Assets
£167k
Current Liabilities
£600k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.28 | -£30k |
| 2024 | 0.33 | -£37k |
| 2023 | 0.42 | -£22k |
| 2022 | 0.42 | +£14k |
| 2021 | 0.38 | -£22k |
| 2020 | 0.35 | -£27k |
| 2019 | 0.38 | — |
Derived from filed accounts. Not audited figures.