Back to search

Cotton Art Ltd

10810201

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

UNIT 11, LONDON, NW1 0HT
Incorporated 08/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Tuncer Tonun

director · Since 08/06/2017

FASHION DESIGNER

TURKISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Tuncer Tonun

25–50% shares
25–50% votes

Turkish · United Kingdom · Age 39

446, St. Ann's Road, London, N15 3JH

Notified 08/06/2017

Former PSCs

Miss Derya Yuce

Ceased 01/06/2018

CompanyRankvs 10311+ SIC 47710 peers
39

Financial strength10th percentile among SIC peers · 3/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees10/15 pts

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

Liquidity2/20 pts

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

Longevity9/15 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 30/06/2024

Net Worth

-£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£686

Current Liabilities

£8k

2avg. employees-1

Director Loans(2022)

Company owes directors£49

Balance Sheet

Assets less current liabilities-£8k
Signed by Mr Tuncer Tonun 30/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£5k
20230.07+£4k
2022+£3k
20210.05-£17k
20205.10-£32k
20194.75+£12k
20180.70

Derived from filed accounts. Not audited figures.