Company Overview
Is It Art Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 09 October 1995, so this is a well established company. Is It Art Limited has been in business for 30 years and 5 months. The accounts status is audit exemption subsidiary and the accounts are next due on Saturday 28 March 2026.
Registered Address

Unit 3 Chichester Business Park, Tangmere, Chichester, West Sussex, PO20 2FT
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Companies House Data
Company NameIS IT ART LIMITED
Company Number03111198
Registered Office AddressUnit 3 Chichester Business Park
 Tangmere
 PO20 2FT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date09/10/1995
Accounting Reference Date Day28
Accounting Reference Date Month6
Accounts Next Due Date28/03/2026
Accounts Last Made Up Date30/06/2024
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date06/11/2016
Returns Last Made Up Date09/10/2015
Directors & Members
Show Resigned
Alister Marchant - Director
(British, 60 years old, born August 1966)
Appointed 07 June 2017
 Active
Robert Poerscout-Edgerton - Director
(British, 48 years old, born February 1978)
Appointed 07 June 2017
 Active
Secretaries
Show Resigned
Other Company Directorships
Alister Marchant
BLUE MOUNTAIN ARTS LIMITED
HOB HOLDINGS LTD
SUPPLIERS WEB SHOP LIMITED
Robert Poerscout-Edgerton
BLUE MOUNTAIN ARTS LIMITED
BRANDMASTER LTD
CARTE BLANCHE RETAIL LIMITED
CARTE BLANCHE GREETINGS LIMITED
CARTE BLANCHE GROUP LIMITED
HELMWIND LIMITED
HOB HOLDINGS LTD
SUPPLIERS WEB SHOP LIMITED
ZEPHO ENTERPRISES LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 2,420 2,420 0
Current Assets 1,090,496 1,090,496 1,374,633
Creditors Due Within One Year 545,081 545,081 710,056
Working Cap 545,415 545,415 664,577
Total Assets Less Current Liabilities 547,835 547,835 664,577
Long-term Liabilities 57,447 57,447 42,670
Net Assets 490,388 490,388 621,907
Share Capital & Reserves
Share Cap 149 149 149
Profit & Loss Reserves 420,195 420,195 551,714
Other Reserves 70,044 70,044 70,044
Shareholders Funds 490,388 490,388 621,907
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets 0.2% 0.2% -
Fixed Assets 0.2% 0.2% 0.0%
Stocks Inventory 20.1% 20.1% 16.6%
Debtors 70.8% 70.8% 60.6%
Cash Bank In Hand 8.9% 8.9% 22.8%
Current Assets 99.8% 99.8% 100.0%
Creditors Due Within One Year 49.9% 49.9% 51.7%
Net Current Assets Liabilities 49.9% 49.9% 48.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges 5.3% 5.3% 3.1%
Net Assets Liabilities Including Pension Asset Liability 44.9% 44.9% 45.2%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 38.4% 38.4% 40.1%
Shareholder Funds 44.9% 44.9% 45.2%
Capital Employed - - -
Total Assets Less Current Liabilities 50.1% 50.1% 48.3%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 2.0 2.0 1.9
Solvency Ratio 1.8 1.8 1.8
Reserves to Assets 0.4 0.4 0.4
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2024 31-Dec-2015 31-Dec-2014
Assets 1,092,916 1,092,916 1,374,633
Debt 602,528 602,528 752,726
Net Assets/Debt 490,388 490,388 621,907

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 has some deficiency. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 has some deficiency. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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 has some deficiency. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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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CITYFIELD RECRUITMENT LIMITED
The Old Airfield City Fields Way, Tangmere, Chichester, West Sussex, PO20 2FT
CARTE BLANCHE GROUP LIMITED
UNIT 3, CHICHESTER BUSINESS PARK CITY FIELDS WAY, TANGMERE, CHICHESTER, WEST SUSSEX, PO20 2FT
HOB HOLDINGS LTD
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CARTE BLANCHE RETAIL LIMITED
UNIT 3 CHICHESTER BUSINESS PARK, TANGMERE, CHICHESTER, WEST SUSSEX, PO20 2FT
Document Filings
Statement of capital on 10 March 2026
Statement by Directors
Solvency Statement dated 19/02/26
Resolutions
Confirmation statement made on 9 October 2025 with no updates
Consolidated accounts of parent company for subsidiary company period ending 30/06/24
Notice of agreement to exemption from audit of accounts for period ending 30/06/24
Audit exemption statement of guarantee by parent company for period ending 30/06/24
Previous accounting period shortened from 29 June 2024 to 28 June 2024
Consolidated accounts of parent company for subsidiary company period ending 30/06/23
Notice of agreement to exemption from audit of accounts for period ending 30/06/23
Audit exemption statement of guarantee by parent company for period ending 30/06/23
Consolidated accounts of parent company for subsidiary company period ending 30/06/23
Audit exemption statement of guarantee by parent company for period ending 30/06/23
Notice of agreement to exemption from audit of accounts for period ending 30/06/23
Confirmation statement made on 9 October 2024 with no updates
Previous accounting period shortened from 30 June 2023 to 29 June 2023
Confirmation statement made on 9 October 2023 with no updates
Consolidated accounts of parent company for subsidiary company period ending 30/06/22
Audit exemption statement of guarantee by parent company for period ending 30/06/22
Notice of agreement to exemption from audit of accounts for period ending 30/06/22
Confirmation statement made on 9 October 2022 with no updates
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