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Artisan Furniture Ltd

15082850

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

15 ASCOT GARDENS, LEEDS, LS10 4UQ
Incorporated 18/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46470
Wholesale of furniture, carpets and lighting equipment
46630
Wholesale of mining, construction and civil engineering machinery

Officers

Mr Noman Munir

director · Since 08/01/2025

EMPLOYED

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Noman Munir

75–100% shares

British · England · Age 41

15, Ascot Gardens, Leeds, LS10 4UQ

Notified 08/01/2025

Former PSCs

Mr Hassan Ali

Ceased 25/03/2024

Mr Rashid Mehmood

Ceased 08/01/2025

CompanyRankvs 1917+ SIC 46470 peers
36

Financial strength4th percentile among SIC peers · 1/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£99k

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£187k

Current Liabilities

£228k

Fixed Assets

£5k

Debtors

£99k

3avg. employees

Balance Sheet

Assets less current liabilities-£36k
Signed by 
 
 Approved by the board on 12 May 2025

EstimatesDerived

YearCurrent Ratio
20240.82

Derived from filed accounts. Not audited figures.