Korean Culture And Arts Uk Cic
12766202
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/07/2020
TREASURER
SOUTH KOREAN · ENGLAND · Age 73
Also on 8 other boards
director · Since 24/07/2020
CHAIR PERSON
SOUTH KOREAN · ENGLAND · Age 54
Also on 3 other boards
CompanyRankvs 18428+ SIC 56102 peers36
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Turnover
£10k
Annual revenue
Net Worth
-£37k
Balance sheet strength
Cash
£438
Cash in the bank
Profit Before Tax
-£37k
Bottom line earnings
Net Current Assets
-£17k
Working capital
Current Assets
£438
Current Liabilities
£17k
Fixed Assets
£42k
Cost of Sales
£7k
Gross Profit
-£7k
Admin Expenses
£32k
Operating Profit
-£29k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.03 | -£29k |
| 2023 | 0.05 | +£30k |
| 2022 | 3.32 | — |
| 2021 | 0.90 | — |
Derived from filed accounts. Not audited figures.