Company Overview
The Art Department, Paisley Ltd is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Wednesday 05 April 1995, so this is a well established company. The Art Department, Paisley Ltd has been in business for 31 years. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.
Registered Address

9-11 Causeyside Street, Paisley, Renfrewshire, PA1 1UW
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Companies House Data
Company NameTHE ART DEPARTMENT, PAISLEY LTD
Company NumberSC157153
Registered Office Address9-11 Causeyside Street
 PA1 1UW
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/04/1995
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date17/04/2017
Returns Last Made Up Date20/03/2016
Previous Company NameChanged Date
OUTSPOKEN ARTS SCOTLAND LTD25 Sep 2024
GALA SCOTLAND LIMITED21 Aug 2015
Directors & Members
Show Resigned
Rowena Comrie - Director
(British, 67 years old, born September 1959)
Appointed 24 September 2024
 Active
Secretaries
Show Resigned
Other Company Directorships
Rowena Comrie
ART PAISLEY LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2017 31-Mar-2016
Balance Sheet
Fixed Assets 13,018 13,018 16,925
Current Assets 69,045 69,045 13,104
Creditors Due Within One Year 3,183 3,183 1,750
Working Cap 65,862 65,862 11,354
Total Assets Less Current Liabilities 78,880 78,880 28,279
Long-term Liabilities 0 0 0
Net Assets 78,880 78,880 28,279
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves 50,339 50,339 0
Other Reserves - - -
Shareholders Funds 78,880 78,880 28,279
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2017 31-Mar-2016
Tangible Fixed Assets - - -
Fixed Assets 15.9% 15.9% 56.4%
Stocks Inventory - - -
Debtors 10.0% 10.0% 13.3%
Cash Bank In Hand 74.1% 74.1% 30.4%
Current Assets 84.1% 84.1% 43.6%
Creditors Due Within One Year 3.9% 3.9% 5.8%
Net Current Assets Liabilities 80.3% 80.3% 37.8%
Creditors Due After One Year - - -
Accruals Deferred Income 0.0% 0.0% 0.0%
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 96.1% 96.1% 94.2%
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve 61.3% 61.3% 0.0%
Shareholder Funds 96.1% 96.1% 94.2%
Capital Employed - - -
Total Assets Less Current Liabilities 96.1% 96.1% 94.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2017 31-Mar-2016
Liquidity Ratio 21.7 21.7 7.5
Solvency Ratio 25.8 25.8 17.2
Reserves to Assets 0.6 0.6 0.0
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2017 31-Mar-2016
Assets 82,063 82,063 30,029
Debt 3,183 3,183 1,750
Net Assets/Debt 78,880 78,880 28,279

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
Other Business around PA1 1UW
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7 Causeyside Street, Paisley, PA1 1UW
MAXCO ENTERTAINMENT LTD
13-19 Causeyside Street, Paisley, Renfrewshire, PA1 1UW
ROBERTSON & ROSS SOLICITORS LIMITED
ATRIA ONE, 144 MORRISON STREET, EDINBURGH, PA1 1UW
HOGSHEAD PUB COMPANY LIC LIMITED
13/19 Causeyside Street, Paisley, Renfrewshire, PA1 1UW
RED STAR PROPERTY LTD
9/13 Causeyside Street, Paisley, PA1 1UW
Document Filings
Confirmation statement made on 7 March 2026 with no updates
Termination of appointment of Lorraine Cameron as a director on 19 March 2026
Termination of appointment of Maureen Moore as a director on 31 October 2025
Termination of appointment of Thomas Rankin Lusk as a director on 31 October 2025
Termination of appointment of Lisa Marie Hughes as a director on 24 October 2025
Appointment of Mrs Lorraine Cameron as a director on 1 July 2025
Appointment of Miss Sharon Thomas as a director on 1 July 2025
Appointment of Miss Lisa Marie Hughes as a director on 1 July 2025
Termination of appointment of Lillian Brookes as a director on 1 July 2025
Registration of charge SC1571530002, created on 1 July 2025
Confirmation statement made on 7 March 2025 with no updates
Termination of appointment of Eleanor Margaret Collier as a director on 4 March 2025
Termination of appointment of Lisa Charlwood-Green as a director on 4 March 2025
Memorandum and Articles of Association
Resolutions
Registered office address changed from 10-2 Causeyside Street Paisley PA1 1UQ Scotland to 9-11 Causeyside Street Paisley Renfrewshire PA1 1UW on 29 January 2025
Certificate of change of name
Appointment of Mrs Rowena Comrie as a director on 24 September 2024
Appointment of Ms Maureen Moore as a director on 24 September 2024
Appointment of Mrs Denise Maccoll as a director on 24 September 2024
Appointment of Mr Eoghann Maccoll as a director on 24 September 2024
Termination of appointment of Garry Martin Mclaughlin as a director on 24 September 2024
Confirmation statement made on 7 March 2024 with updates
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