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Tonic Gallery Limited

12237157

active
Private Limited 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)
  • Current liabilities exceed current assets (-10)

Details

7-10 UNION STREET, SALCOMBE, TQ8 8BZ
Incorporated 01/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores
90030
Artistic creation

Officers

Mrs Charlotte Ramsden

director · Since 01/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Gregory Ramsden

director · Since 01/10/2019

ARTIST

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Gregory Ramsden

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

7-10, Union Street, Salcombe, TQ8 8BZ

Notified 01/10/2019

Mrs Charlotte Ramsden

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

7-10, Union Street, Salcombe, TQ8 8BZ

Notified 01/10/2019

CompanyRankvs 2611+ SIC 47190 peers
74

Financial strength91th percentile among SIC peers · 23/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.61× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees9/15 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.

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 31/10/2023

Net Worth

£125k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£103k

Working capital

Current Assets

£167k

Current Liabilities

£64k

Fixed Assets

£22k

2avg. employees-2

Balance Sheet

Assets less current liabilities£125k

EstimatesDerived

YearCurrent RatioImplied Profit
20232.61-£40k
20223.26+£9k
20212.33—

Derived from filed accounts. Not audited figures.