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Legs Creative Arts C.I.C.

09702830

active
Community Interest Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

34 FREDERICK STREET, SUNDERLAND, SR1 1LP
Incorporated 25/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mr James Taylor

director · Since 23/05/2016

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Mr James Taylor

75–100% votes
Appoint directors

British · England · Age 69

34, Frederick Street, Sunderland, SR1 1LP

Notified 04/03/2026

Former PSCs

Miss Kaye Nicholson

Ceased 19/04/2022

Mrs Laura Jayne Wilson

Ceased 19/04/2022

Mr James Taylor

Ceased 19/04/2022

CompanyRankvs 7317+ SIC 90020 peers
49

Financial strength13th percentile among SIC peers · 3/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 31/07/2025

Turnover

£16k

Annual revenue

Net Worth

-£5k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£2k

Bottom line earnings

Net Current Assets

-£7k

Working capital

Current Assets

£14k

Current Liabilities

£21k

Fixed Assets

£3k

Debtors

£12k

Cost of Sales

£13k

Gross Profit

£3k

Admin Expenses

£5k

Operating Profit

-£2k

4avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65-£2k
20240.60-£2k
20230.82
20221.02
20211.27
20200.62

Derived from filed accounts. Not audited figures.