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Hornsey Town Hall Arts Centre Limited

11025894

active
Private Limited Company
england wales
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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

40-41 FURNIVAL STREET, LONDON, EC4A 1JQ
Incorporated 23/10/2017

Compliance

Last accounts

31/03/2023

full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 22/10/2025

Due 05/11/2026

On track

Industry

90040
Operation of arts facilities

Officers

Mr David Chiu

director · Since 23/10/2017

DIRECTOR

CHINESE · HONG KONG · Age 72

Also on 29 other boards

Mr Chi Leung Poon

director · Since 11/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 16 other boards

Ms Jennifer Wendy Chiu

director · Since 12/01/2024

MANAGING DIRECTOR

CHINESE · HONG KONG · Age 43

Persons with Significant Control

The Time + Space Co. Ltd

25–50% shares
25–50% votes

10, Coldbath Square, London, EC1R 5HL

Reg: 10195618 · Companies House · Corporate

Notified 23/10/2017

Crouch End (Fec) Limited

50–75% shares
50–75% votes

Ground Floor, 12 Stanhope Gate, London, W1K 1AW

Reg: 10448866 · Companies House · Corporate

Notified 23/10/2017

CompanyRankvs 2540+ SIC 90040 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2023

Turnover

£44k

Annual revenue

Net Worth

-£1.2M

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

-£292k

Bottom line earnings

Net Current Assets

-£1.2M

Working capital

Current Assets

£21k

Current Liabilities

£1.2M

Fixed Assets

£33k

Debtors

£17k

Cost of Sales

£12k

Gross Profit

£32k

Admin Expenses

£323k

Operating Profit

-£291k

Profit After Tax

-£292k

2avg. employees+2

Director Loans(2021)

Company owes directors£2k

People Costs

Wages & salaries£95k
NI contributions£10k

Balance Sheet

Assets less current liabilities-£1.2M
Prepared with Sage Accounts Production 23.0 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20230.02-£614k
20210.15-£165k
20200.13-£217k
20190.29

Derived from filed accounts. Not audited figures.