Lips Inked Arts Cic
13508714
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/07/2021
DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 1 other board
director · Since 03/07/2025
DANCE TEACHER
BRITISH · ENGLAND · Age 40
Also on 2 other boards
Persons with Significant Control
Former PSCs
Miss Lucy Kathleen Jackson
Ceased 02/07/2025
CompanyRankvs 1729+ SIC 85520 peers58
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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 31/07/2024
Turnover
£3k
Annual revenue
Net Worth
£1k
Balance sheet strength
Cash
£4k
Cash in the bank
Profit Before Tax
£0
Bottom line earnings
Net Current Assets
£3k
Working capital
Current Assets
£4k
Current Liabilities
£525
Fixed Assets
£1k
Cost of Sales
£9k
Gross Profit
-£7k
Admin Expenses
£18k
Operating Profit
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.58 | -£1 |
| 2023 | 13.81 | — |
Derived from filed accounts. Not audited figures.