Review Of Sussex Arts C.I.C.
13431217
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/07/2022
PUBLISHER
BRITISH · UNITED KINGDOM · Age 60
Also on 1 other board
CompanyRankvs 1792+ SIC 58142 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 30/06/2024
Net Worth
-£57k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£53k
Working capital
Current Assets
£10k
Current Liabilities
£63k
Fixed Assets
£308
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.16 |
| 2023 | 0.10 |
| 2022 | 0.73 |
Derived from filed accounts. Not audited figures.