Open Source Arts Ltd
09940435
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/01/2016
ARTS ORGANISATION
IRISH · ENGLAND · Age 40
Also on 1 other board
Persons with Significant Control
Mr Philip Anthony Marken
Northern Irish · England · Age 40
Unit 1a Aire Place Mills, Kirkstall Road, Leeds, LS3 1JL
Notified 30/05/2016
CompanyRankvs 14159+ SIC 90010 peers29
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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 31/03/2025
Net Worth
-£430k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£416k
Working capital
Current Assets
£54k
Current Liabilities
£470k
Fixed Assets
£13k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.11 | -£170k |
| 2024 | 0.21 | -£155k |
| 2023 | 0.37 | -£36k |
| 2022 | 0.15 | -£97k |
| 2021 | 0.69 | +£20k |
| 2020 | 0.10 | -£9k |
| 2019 | 1.43 | +£414 |
| 2018 | 0.52 | — |
Derived from filed accounts. Not audited figures.