Frictionless Fine Arts Limited
12958900
Some Concerns
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/10/2020
DIRECTOR
AMERICAN · UNITED KINGDOM · Age 58
Also on 1 other board
Persons with Significant Control
Frictionless Holdings Limited
37, Mill Street, Bideford, EX39 2JJ
Reg: 11758968 · England And Wales · Limited Company
Notified 19/10/2020
Former PSCs
Mr Alexander Francis Kleiner
Ceased 19/10/2020
Charges2 outstanding
ORTUS SECURED FINANCE I LIMITED
ORTUS SECURED FINANCE I LIMITED
CompanyRankvs 45612+ SIC 74909 peers28
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£2.0M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2.3M
Working capital
Current Assets
£74k
Current Liabilities
£2.3M
Fixed Assets
£251k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.03 | -£492k |
| 2024 | 0.00 | -£361k |
| 2023 | 0.03 | — |
Derived from filed accounts. Not audited figures.