Somerset Artists Limited
09681608
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2025
micro entity
Next accounts due
30/04/2027
Confirmation statement
Last: 10/07/2025
Due 24/07/2026
Industry
Officers
Former
director · Resigned 01/04/2025
Persons with Significant Control
Mrs Heather Jane Wallace
British · United Kingdom · Age 69
3a Lovers Walk, Lovers Walk, Wells, BA5 2QL
Notified 06/04/2016
Mr Simon Schachter
British · England · Age 52
3a Lovers Walk, Lovers Walk, Wells, BA5 2QL
Notified 10/07/2025
Change History
Active
Private Limited Company
3A LOVERS WALK
WELLS
CompanyRankvs 756+ SIC 90040 peers67
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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 31/07/2025
Net Worth
£22k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£19k
Working capital
Current Assets
£18k
Current Liabilities
£4
Fixed Assets
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4547.75 | +£0 |
| 2025 | 4547.75 | -£1k |
| 2024 | 132.01 | +£308 |
| 2023 | 8.33 | +£2k |
| 2022 | 9.59 | -£1k |
| 2021 | 6.31 | +£8k |
| 2020 | 1.81 | — |
Derived from filed accounts. Not audited figures.