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Arts Advance Ltd

12892847

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

173 ST. PAULS AVENUE, HARROW, HA3 9PT
Incorporated 21/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Mr Dean James Richards

director · Since 21/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Persons with Significant Control

Mr Dean James Richards

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

British · England · Age 48

173, St. Pauls Avenue, Harrow, HA3 9PT

Notified 21/09/2020

CompanyRankvs 17175+ SIC 90030 peers
42

Financial strength51th percentile among SIC peers · 13/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.05× · 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 strength13/25 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.

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 30/09/2024

Net Worth

£369

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£369

Working capital

Current Assets

£19

Current Liabilities

£388

1avg. employees

Balance Sheet

Assets less current liabilities£369
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.05
20230.05

Derived from filed accounts. Not audited figures.