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Mike Francis Art Ltd

15222073

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 WINDMILL CLOSE, ASHFORD, TN24 0AU
Incorporated 19/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Mr Joseph Daniel Francis

director · Since 19/10/2023

HEAD TEACHER

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Joseph Daniel Francis

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 58

3, Windmill Close, Ashford, TN24 0AU

Notified 19/10/2023

CompanyRankvs 26251+ SIC 90030 peers
19

Financial strength10th percentile among SIC peers · 3/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2025

Net Worth

-£10k

Balance sheet strength

Cash

£77

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£3k

Current Liabilities

£15k

Fixed Assets

£2k

Debtors

£3k

1avg. employees

Balance Sheet

Assets less current liabilities-£10k
Signed by Mr Joseph Francis 12/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19+£0
20250.19-£2k
20240.26

Derived from filed accounts. Not audited figures.