Thornthwaite Galleries Ltd
13586696
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/08/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 1 other board
director · Since 26/08/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
Persons with Significant Control
Mrs Judith Anne Green
British · United Kingdom · Age 61
4-4a, Blackburn Road, Accrington, BB5 1HD
Notified 26/08/2021
Mr Paul Green
British · United Kingdom · Age 58
4-4a, Blackburn Road, Accrington, BB5 1HD
Notified 26/08/2021
Charges1 outstanding
LLOYDS BANK PLC
CompanyRankvs 1452+ SIC 47781 peers26
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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
-£32k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£57k
Working capital
Current Assets
£5k
Current Liabilities
£63k
Fixed Assets
£26k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.09 | +£15k |
| 2024 | 0.15 | -£23k |
| 2023 | 0.41 | -£5k |
| 2022 | 0.40 | — |
Derived from filed accounts. Not audited figures.