Philosophy Furniture And Design Ltd
13295980
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/03/2021
MANAGING DIRECTOR
IRISH,SOUTH AFRICAN · ENGLAND · Age 35
director · Since 03/08/2021
PR AND COMMUNICATIONS DIRECTOR
BRITISH · ENGLAND · Age 45
Persons with Significant Control
Mrs Megan Louise Mackay
Irish,South African · England · Age 35
21, Strathearn Road, London, SW19 7LH
Notified 26/03/2021
CompanyRankvs 53420+ SIC 47910 peers37
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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 31/03/2025
Net Worth
-£15k
Balance sheet strength
Cash
-£47
Cash in the bank
Net Current Assets
-£15k
Working capital
Current Assets
£125
Current Liabilities
£15k
Fixed Assets
£228
Debtors
£100
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£296 |
| 2024 | 0.01 | -£4k |
| 2023 | 0.21 | — |
Derived from filed accounts. Not audited figures.