Company Overview
Wood Art Studio Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 12 October 2015, so this is a well established company. Wood Art Studio Limited has been in business for 10 years and 5 months. The accounts status is total exemption full and the accounts are next due on Friday 31 July 2026.
Registered Address

Unit 8 Twydale Business Park, Skerne Road, Driffield, E. Yorks, YO25 6JX
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Companies House Data
Company NameWOOD ART STUDIO LIMITED
Company Number09819606
Registered Office AddressUnit 8 Twydale Business Park
 Skerne Road
 YO25 6JX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/10/2015
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date09/11/2016
Directors & Members
Arturs Bergs - Director
(Latvian, 43 years old, born September 1983)
Appointed 12 October 2015
 Active
Thomas Richardson - Director
(British, 41 years old, born August 1985)
Appointed 12 October 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Arturs Bergs
LADY HARMONY C.I.C.
Thomas Richardson
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 485 485 5,970
Current Assets 62,293 62,293 47,431
Creditors Due Within One Year 36,215 36,215 38,228
Working Cap 26,078 26,078 9,203
Total Assets Less Current Liabilities 26,563 26,563 15,173
Long-term Liabilities 92 92 22,965
Net Assets 26,471 26,471 -7,792
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 26,471 26,471 -7,792
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 0.8% 0.8% 11.2%
Stocks Inventory - - -
Debtors 79.3% 79.3% 63.5%
Cash Bank In Hand 14.9% 14.9% 20.0%
Current Assets 99.2% 99.2% 88.8%
Creditors Due Within One Year 57.7% 57.7% 71.6%
Net Current Assets Liabilities 41.5% 41.5% 17.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 42.2% 42.2% -14.6%
Capital Employed - - -
Total Assets Less Current Liabilities 42.3% 42.3% 28.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 1.7 1.7 1.2
Solvency Ratio 1.7 1.7 0.9
Reserves to Assets - - -
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-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 62,778 62,778 53,401
Debt 36,307 36,307 61,193
Net Assets/Debt 26,471 26,471 -7,792

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Change of details for Mr Arturs Bergs as a person with significant control on 10 January 2026
Director's details changed for Mr Arturs Bergs on 10 January 2026
Confirmation statement made on 12 October 2025 with no updates
Register inspection address has been changed from F15 the Bloc 38 Springfield Way Anlaby Hull E. Yorks HU10 6RJ United Kingdom to 57 Spyvee Street Hull E. Yorks HU8 7JJ
Confirmation statement made on 12 October 2024 with no updates
Confirmation statement made on 12 October 2023 with no updates
Confirmation statement made on 12 October 2022 with updates
Confirmation statement made on 12 October 2021 with updates
Confirmation statement made on 12 October 2020 with updates
Confirmation statement made on 12 October 2019 with updates
Director's details changed for Mr Thomas Richardson on 25 September 2019
Change of details for Mr Thomas Richardson as a person with significant control on 25 September 2019
Confirmation statement made on 12 October 2018 with updates
Register inspection address has been changed from Majors Chartered Accountants Merchants Warehouse Market Square Hull E. Yorks HU1 2JJ England to F15 the Bloc 38 Springfield Way Anlaby Hull E. Yorks HU10 6RJ
Confirmation statement made on 12 October 2017 with updates
Registered office address changed from 3a Twydale Park Skerne Road Driffield E. Yorks YO25 6JX England to Unit 8 Twydale Business Park Skerne Road Driffield E. Yorks YO25 6JX on 28 April 2017
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