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Basic Arts Limited

09752664

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

5TH FLOOR CENTURY HOUSE, LONDON, W1D 1LN
Incorporated 27/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Alexander Smith

director · Since 27/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Mrs Caroline Julia Smith

director · Since 16/09/2021

DIRECTOR

SWISS · ENGLAND · Age 36

Persons with Significant Control

Mrs Caroline Julia Smith

25–50% shares
25–50% votes

Swiss · United Kingdom · Age 36

5th Floor Century House, Oxford Street, London, W1D 1LN

Notified 17/03/2023

Amh Smith Limited

50–75% shares
50–75% votes
Appoint directors

5th Floor Century House, Oxford Street, London, W1D 1LN

Reg: 14690468 · Register Of Companies · Private Limited Company

Notified 26/04/2023

Former PSCs

Mr Alexander Smith

Ceased 26/04/2023

CompanyRankvs 14543+ SIC 74100 peers
59

Financial strength63th percentile among SIC peers · 16/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.53× · 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 strength16/25 pts

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

Employees11/15 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 31/08/2025

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£146k

Working capital

Current Assets

£166k

Current Liabilities

£312k

Fixed Assets

£158k

2avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.53-£284k
20242.40+£105k
20231.40

Derived from filed accounts. Not audited figures.