FRICTIONLESS FINE ARTS LIMITED
ActiveKey figures
Like most small UK companies, FRICTIONLESS FINE ARTS LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2024/25Sector comparison
SIC 74909Where the company stands among the 58,503 active companies whose first SIC code is 74909 (Other professional, scientific and technical activities n.e.c.).
- KINTAIL TRUSTEES LIMITED£1.1bn
- VERTIV COMPANY GROUP LIMITED£853.3m
- NUCLEUS FINANCIAL PLATFORMS LIMITED£665.1m
- CHIVAS BROTHERS INTERNATIONAL LIMITED£645m
- JANE'S GROUP UK LIMITED£566.4m
- LEARNING TECHNOLOGIES GROUP LIMITED£477.9m
- ALMAC CLINICAL SERVICES LIMITED£477m
- TOWERS WATSON LIMITED£444.5m
- MAGI CAPITAL CREDIT LTD£399.9m
- NCC GROUP PLC£332.6m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 58,503. The line on each bar marks the median.
Summary: FRICTIONLESS FINE ARTS LIMITED
What kind of company is it?
FRICTIONLESS FINE ARTS LIMITED is a private limited company registered with Companies House under company number 12958900. It was incorporated on 19 Oct 2020. Its status is active. The registered office is in Braunton (EX33). Its nature of business (SIC 2007) is other professional, scientific and technical activities n.e.c. (74909).
How is the company doing financially?
The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files micro-entity accounts. Net assets were −£2,023,680, down 32.1% on the previous year. Total assets were £325,340 and total liabilities £2,347,920. The company had an average of 11 employees. Figures are available for 3 financial years (2021/22–2024/25).
How does it compare with similar companies?
Compared with 58,503 active companies whose first SIC code is 74909: By net assets it ranks lower than 99% of them (median £12,925). By total assets it ranks higher than 83% of them (median £41,823). By number of employees it ranks higher than 96% of them (median 1). It is younger than 63% of them (median age 9.4 years).
Who runs and controls the company?
One person with significant control is registered. 2 of 2 registered charges are outstanding.
When are its next filings due?
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 1 Nov 2026.
Filed accounts2021/22–2024/25
| 2021/22 | 2023/24 | 2024/25 | |
|---|---|---|---|
| Cash at bank and in hand | 14,482 | 4,813 | — |
| Total assets | 2,076,482 | 7,599 | 325,340 |
| Total liabilities | — | 3,206,179 | 2,347,920 |
| Net assets / total equity | -747,381 | -1,531,715 | -2,023,680 |
| Average number of employees | 10 | 11 | 11 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
History
7 events- Financial year 2024/25 endedAccounts: net assets −£2m, 11 employees
- Financial year 2023/24 endedAccounts: net assets −£1.5m, 11 employees
- Financial year 2021/22 endedAccounts: net assets −£747.4k, 10 employees
- Frictionless Holdings Limited registered as a person with significant control
- Mr Alexander Francis Kleiner registered as a person with significant control
- Mr Alexander Francis Kleiner ceased to be a person with significant control
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.