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Art Department 29 Limited

11669931

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

CORNERBLOCK, BIRMINGHAM, B3 2DX
Incorporated 09/11/2018

Compliance

Last accounts

30/04/2022

total exemption full

Next accounts due

31/01/2024

Overdue

Confirmation statement

Last: 08/11/2023

Due 22/11/2024

Overdue

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Gerald Antonio Bailey

director · Since 10/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 14 other boards

Mr Carl Roy Peddie

director · Since 10/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 11 other boards

Persons with Significant Control

Mr Gerald Antonio Bailey

25–50% shares

British · England · Age 58

Cornerblock, 2 Cornwall Street, Birmingham, B3 2DX

Notified 01/09/2020

Mr Carl Roy Peddie

25–50% shares

British · England · Age 59

Cornerblock, 2 Cornwall Street, Birmingham, B3 2DX

Notified 01/09/2020

Former PSCs

Mr Carl Roy Peddie

Ceased 19/07/2020

Mr Gerald Antonio Bailey

Ceased 19/07/2020

Mr Gary Patrick Postins

Ceased 25/09/2020

Insolvency History1 case

creditors voluntary liquidation19/02/2024

Dean Anthony Nelson (practitioner) · Andrew Paul Stevens (practitioner) · Brett Barton (practitioner)

CompanyRankvs 15+ SIC 47710 peers
25

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/04/2022

Net Worth

£175k

Balance sheet strength

Cash

£252k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£2.6M

Current Liabilities

£2.6M

Fixed Assets

£202k

Debtors

£1.2M

9avg. employees-3

Tax at Year End

Corp tax£3k

Balance Sheet

Intangible assets£8
Assets less current liabilities£213k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20221.00-£24k
20211.00

Derived from filed accounts. Not audited figures.