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Next Generation Fine Art Limited

12373257

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

ALEX HOUSE 260-268, SALFORD, M3 5JZ
Incorporated 20/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47781
Retail sale in commercial art galleries

Officers

Mr Robert Simon Marks

director · Since 20/12/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Mr Robert Simon Marks

75–100% shares
75–100% votes
Appoint directors

British · England · Age 48

Alex House 260-268, Chapel Street, Salford, M3 5JZ

Notified 20/12/2019

CompanyRankvs 1639+ SIC 47781 peers
35

Financial strength6th percentile among SIC peers · 2/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 pts

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

Longevity6/15 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 31/12/2024

Net Worth

-£78k

Balance sheet strength

Cash

£76k

Cash in the bank

Net Current Assets

-£99k

Working capital

Current Assets

£103k

Current Liabilities

£201k

Fixed Assets

£20k

Debtors

£18k

1avg. employees

Balance Sheet

Assets less current liabilities-£78k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20240.51

Derived from filed accounts. Not audited figures.