Artic Holdings Limited
11472406
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 18/07/2025
Due 01/08/2026
Industry
Officers
director · Since 12/07/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 2 other boards
director · Since 01/04/2025
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 40 other boards
Persons with Significant Control
Mecsia Limited
Si1, Parsons Green, St. Ives, PE27 4AA
Reg: 13046139 · Companies House · Private Limited Company
Notified 12/07/2023
Former PSCs
Mr Vincent Mcanallen
Ceased 12/07/2023
Mrs Zehra Mcanallen
Ceased 04/04/2023
Charges1 outstanding
ARES MANAGEMENT LIMITED ACTING IN ITS CAPACITY AS SECURITY TRUSTEE FOR EACH OF THE SECURED PART
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INVESTEC BANK PLC
INVESTEC BANK PLC
CompanyRankvs 3163+ SIC 64209 peers54
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent 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 c
Key FinancialsYear ending 30/06/2023
Turnover
£39.9M
Annual revenue
Net Worth
£8.9M
Balance sheet strength
Cash
£5.2M
Cash in the bank
Profit Before Tax
£2.8M
Bottom line earnings
Net Current Assets
£3.6M
Working capital
Current Assets
£12.6M
Current Liabilities
£9.0M
Fixed Assets
£7.2M
Debtors
£7.5M
Cost of Sales
£32.9M
Gross Profit
£7.0M
Admin Expenses
£4.1M
Operating Profit
£2.9M
Profit After Tax
£2.0M
Tax at Year End
Director Loans
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.40 | +£1.6M |
| 2022 | 0.95 | +£952k |
| 2021 | 0.73 | +£534k |
| 2020 | 0.64 | +£179k |
| 2019 | 0.60 | — |
Derived from filed accounts. Not audited figures.