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Art Practice Limited

12773469

active
ltd
england wales
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

19-20 Bourne Court Southend Road, Woodford Green, IG8 8HD
Incorporated 28/07/2020

Compliance

Last accounts

30/04/2025

unaudited abridged

Next accounts due

27/01/2027

On track

Confirmation statement

Last: 24/02/2026

Due 10/03/2027

On track

Industry

59111
Motion picture production activities

Officers

Mr James Antony Allen

director · Since 28/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Michael Skrgatic

director · Since 28/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Daniel Tobin Smith

director · Since 28/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

James Antony Allen

director · Since 28/07/2020

British · England · Age 51

Michael Skrgatic

director · Since 28/07/2020

British · England · Age 51

Daniel Tobin Smith

director · Since 28/07/2020

British · United Kingdom · Age 50

Persons with Significant Control

Art Theory Limited

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

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Reg: 12430890 · England And Wales · Private Limited Company

Notified 28/07/2020

Change History

statusactive
2026-07-29

Active

typeltd
2026-07-29

Private Limited Company

address line119-20 Bourne Court Southend Road
2026-07-29

19-20 BOURNE COURT

post townWoodford Green
2026-07-29

WOODFORD GREEN

officer appointedALLEN, James Antony
2026-07-29
officer appointedSKRGATIC, Michael
2026-07-29
officer appointedSMITH, Daniel Tobin
2026-07-29

CompanyRankvs 11844+ SIC 59111 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.44× · 2/20
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 strength0/25 pts

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

Employees12/15 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.

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 30/04/2025

Net Worth

-£1.5M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£1.3M

Current Liabilities

£3.1M

Fixed Assets

£336k

Debtors

£184k

2avg. employees-1

Balance Sheet

Intangible assets£6k
Assets less current liabilities-£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44+£275k
20240.12-£368k
20230.41

Derived from filed accounts. Not audited figures.