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Indigo Art Gallery Ltd

11178976

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

STAFFORDSHIRE KNOT, WEDNESBURY, WS10 8TE
Incorporated 31/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47781
Retail sale in commercial art galleries

Officers

Mr Karen Mclaggan

director · Since 31/01/2018

GALLERY MANGER

ENGLISH · UNITED KINGDOM · Age 57

Merlin Business Services Uk Ltd

secretary · Since 01/05/2021

Also on 630 other boards

CompanyRankvs 728+ SIC 47781 peers
54

Financial strength21th percentile among SIC peers · 5/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 5.32× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees6/15 pts

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

Liquidity20/20 pts

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

Longevity8/15 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 31/03/2024

Turnover

£116k

Annual revenue

Net Worth

-£3k

Balance sheet strength

Cash

£9k

Cash in the bank

Profit Before Tax

-£1k

Bottom line earnings

Net Current Assets

£34k

Working capital

Current Assets

£41k

Current Liabilities

£8k

Fixed Assets

£600

Cost of Sales

£71k

Gross Profit

£45k

Admin Expenses

£46k

Profit After Tax

-£1k

1avg. employees

Tax at Year End

Corp tax£74

Balance Sheet

Assets less current liabilities£34k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.32-£1k
20236.65+£95
20224.71+£534
20213.69+£11k
20201.65-£17k
20191.15

Derived from filed accounts. Not audited figures.