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Cre8ion Studios Ltd

10239758

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CRE8ION STUDIOS LTD 3RD FLOOR, LONDON, EC2A 4NE
Incorporated 20/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mrs Clare Margaret Irwin

director · Since 20/06/2016

DIRECTOR / HEAD OF EDITORIAL

ENGLISH · ENGLAND · Age 52

Mr Darrell Wayne Irwin

director · Since 20/06/2016

CEO/CREATIVE DIRECTOR

ENGLISH · ENGLAND · Age 52

Persons with Significant Control

Mr Darrell Wayne Irwin

25–50% shares

English · England · Age 52

Cre8ion Studios Ltd, 3rd Floor, London, EC2A 4NE

Notified 20/06/2016

Mrs Clare Margaret Irwin

25–50% shares

English · United Kingdom · Age 52

Cre8ion Studios Ltd, 3rd Floor, London, EC2A 4NE

Notified 20/06/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/02/2020Registered 05/03/2020

CompanyRankvs 17186+ SIC 73110 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Longevity10/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2023

Net Worth

-£51k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£289k

Current Liabilities

£362k

Fixed Assets

£18k

9avg. employees-2

Balance Sheet

Assets less current liabilities£73k

EstimatesDerived

YearCurrent RatioImplied Profit
20230.80
20221.01
20211.67-£10k
20202.27-£17k
20191.19+£29k
20180.87

Derived from filed accounts. Not audited figures.