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Mid Wales Arts Centre Ltd

15026519

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

MWAC MID WALES ARTS CENTRE, CAERSWS, SY17 5SB
Incorporated 25/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mr John Benjamin Evans

director · Since 25/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 2 other boards

Mr Ivan Lawrie Stefan Knapp

director · Since 25/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Mrs Catherine Knapp Evans

director · Since 25/07/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Persons with Significant Control

Mrs Catherine Knapp Evans

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 74

Mwac, Mid Wales Arts Centre, Caersws, SY17 5SB

Notified 25/07/2023

CompanyRankvs 3627+ SIC 55900 peers
46

Financial strength52th percentile among SIC peers · 13/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3627Mid Wales Arts Centre Ltd
55
How is this score calculated?
Financial strength13/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/07/2025

Net Worth

£2k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£35k

Current Liabilities

£33k

Debtors

£6

3avg. employees
Signed by Ms C Evans,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.05

Derived from filed accounts. Not audited figures.