Company Overview
Saffron Art Gallery Limited is a Dissolved Private Limited Company.
Registered Address

30-34 North Street, Hailsham, East Sussex, BN27 1DW
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Companies House Data
Company NameSAFFRON ART GALLERY LIMITED
Company Number05885485
Registered Office Address30-34 North Street
 BN27 1DW
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date24/07/2006
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2019
Accounts Last Made Up Date31/03/2018
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date21/08/2016
Returns Last Made Up Date24/07/2015
Previous Company NameChanged Date
SAFFRON PICTURE GALLERY LIMITED07 May 2008
Directors & Members
Elizabeth Honey - Director
(Irish, 58 years old, born August 1968)
Appointed 24 July 2006
 Active
Simon Honey - Director
(British, 57 years old, born September 1969)
Appointed 24 July 2006
 Active
Secretaries
Simon Honey - Secretary
(British)
Appointed 24 July 2006
 Active
Other Company Directorships
Elizabeth Honey
No companies found
Simon Honey
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2018 31-Mar-2017 31-Mar-2016
Balance Sheet
Fixed Assets 3,299 9,731 1,717
Current Assets 3,226 9,023 19,103
Creditors Due Within One Year 154,045 130,404 116,130
Working Cap -150,819 -121,381 -97,027
Total Assets Less Current Liabilities -147,520 -111,650 -95,310
Long-term Liabilities 0 1,572 13,333
Net Assets -147,520 -113,222 -81,977
Share Capital & Reserves
Share Cap - - 100
Profit & Loss Reserves - - -82,077
Other Reserves - - 0
Shareholders Funds -147,520 -113,222 -81,977
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2018 31-Mar-2017 31-Mar-2016
Tangible Fixed Assets - - 8.2%
Fixed Assets 50.6% 51.9% 8.2%
Stocks Inventory - - -
Debtors - 27.9% 65.0%
Cash Bank In Hand 49.4% 20.2% 26.7%
Current Assets 49.4% 48.1% 91.8%
Creditors Due Within One Year 2360.8% 695.3% 557.8%
Net Current Assets Liabilities -2311.4% -647.2% -466.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - 0.5%
Share Capital Allotted Called Up Paid - - 0.5%
Profit Loss Account Reserve - - -394.2%
Shareholder Funds -2260.8% -603.7% -393.7%
Capital Employed - - -
Total Assets Less Current Liabilities -2260.8% -595.3% -457.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2018 31-Mar-2017 31-Mar-2016
Liquidity Ratio 0.0 0.1 0.2
Solvency Ratio 0.0 0.1 0.2
Reserves to Assets - - -3.9
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2018 31-Mar-2017 31-Mar-2016
Assets 6,525 18,754 20,820
Debt 154,045 131,976 102,797
Net Assets/Debt -147,520 -113,222 -81,977
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 24 July 2018 with updates
Notification of Elizabeth Bernadette Honey as a person with significant control on 31 March 2018
Cessation of Simon Guy Honey as a person with significant control on 31 March 2018
Registered office address changed from 5 Middle Row East Grinstead West Sussex RH19 3AX England to 30-34 North Street Hailsham East Sussex BN27 1DW on 5 March 2018
Confirmation statement made on 24 July 2017 with no updates
Registered office address changed from 30-34 North Street Hailsham East Sussex BN27 1DW England to 5 Middle Row East Grinstead West Sussex RH19 3AX on 14 November 2016
Registered office address changed from 59-60 High Street Battle East Sussex TN33 0EN to 30-34 North Street Hailsham East Sussex BN27 1DW on 14 November 2016
Confirmation statement made on 24 July 2016 with updates
Previous accounting period extended from 31 October 2015 to 31 March 2016
Annual return made up to 24 July 2015 with full list of shareholders
Annual return made up to 24 July 2014 with full list of shareholders
Annual return made up to 24 July 2013 with full list of shareholders
Director's details changed for Simon Guy Honey on 24 July 2013
Annual return made up to 24 July 2012 with full list of shareholders
Secretary's details changed for Simon Guy Honey on 24 July 2012
Director's details changed for Simon Guy Honey on 24 July 2012
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