# STATEART LIMITED (05248791)

> STATEART LIMITED is an active private limited company (company number 05248791) incorporated on 4 October 2004, registered in Northwood. Its registered activity is production of electricity (SIC 35110). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £258k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 10% on the prior period (£236k).

- Status: Active
- Incorporated: 2004-10-04
- Registered office: Northwood, HA6 3BP
- SIC 35110: Production of electricity
- SIC 47990: Other retail sale not in stores, stalls or markets
- SIC 62012: Business and domestic software development
- SIC 62020: Information technology consultancy activities
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-10-18
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 217 comparable companies in Greater London (median £0, upper quartile £159).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £258k | — | — | £37k | — | — | 3 |
| 2023-12-31 | £236k | — | — | £16k | — | — | 4 |

current ratio 8.66; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £258,498 at 31 December 2024
- Current assets at least 1.5× creditors within one year: Current ratio 8.66
- Incorporated five or more years ago: Incorporated 4 October 2004
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Jayamin Babubhai Patel — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-10-04
- Kinna Patel — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-10-17

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05248791
HTML: https://firmoscan.com/company/05248791-stateart-limited
