Back to search

Migrate Art Cic

12191782

active
Community Interest Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

28 HARROW WAY, MAIDSTONE, ME14 5TU
Incorporated 05/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
47781
Retail sale in commercial art galleries

Officers

Mr Simon William Gane Butler

director · Since 05/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Simon William Gane Butler

75–100% votes
Appoint directors

British · England · Age 37

163a, Bellenden Road, London, SE15 4DH

Notified 05/09/2019

Former PSCs

Mr Ian Syer

Ceased 06/09/2019

CompanyRankvs 11360+ SIC 47710 peers
37

Financial strength13th percentile among SIC peers · 3/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity7 years trading (max 15) · 7/15
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.

Longevity7/15 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 30/09/2024

Net Worth

-£15k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£6k

Current Liabilities

£22k

Fixed Assets

£1k

Debtors

£4k

2avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£15k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£38k
20232.77-£24k
20222.42+£36k
20215.40

Derived from filed accounts. Not audited figures.