THE NEW ART EXCHANGE LTD
Get an alert when THE NEW ART EXCHANGE LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-10 (in 5mo)
Last made up 2025-09-26
Watchouts
None on the register
Cash
£762K
-7.5% vs 2024
Net assets
£4M
-0.6% vs 2024
Employees
23
0% vs 2024
Profit before tax
-£23K
-113.7% vs 2024
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £1,686,375 | £1,610,538 | |
| Operating profit | — | — | £156,129 | -£33,640 | |
| Profit before tax | — | — | £165,604 | -£22,689 | |
| Net profit | — | £75,694 | £165,604 | -£22,689 | |
| Cash | — | — | £824,211 | £762,439 | |
| Total assets less current liabilities | — | — | £3,959,123 | £3,936,434 | |
| Net assets | — | — | £3,959,123 | £3,936,434 | |
| Equity | — | — | £3,959,123 | £3,936,434 | |
| Average employees | 35 | 32 | 23 | 23 | |
| Wages | — | — | £518,519 | £596,238 | |
| Directors' remuneration | — | — | £0 | £0 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-4.5%
£1,686,375 £1,610,538
-
Cash
-7.5%
£824,211 £762,439
-
Net assets
-0.6%
£3,959,123 £3,936,434
-
Employees
0%
23 23
-
Operating profit
-121.5%
£156,129 -£33,640
-
Profit before tax
-113.7%
£165,604 -£22,689
-
Wages
+15%
£518,519 £596,238
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-03-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 9.3% | -2.1% | |
| Net margin | — | — | 9.8% | -1.4% | |
| Return on capital employed | — | — | 3.9% | -0.9% | |
| Gearing (liabilities / total assets) | — | — | 5.8% | 4.1% | |
| Current ratio | — | — | 4.03x | 5.54x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PKF Smith Cooper Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- THE NEW ART EXCHANGE LTD · parent
- NAE Enterprises Limited 100%
- NAE Developments Limited 100%
Significant events
- “Transform, our first national conference focused on Global Ethnic Majority leadership in the cultural sector.”
- “VOICE Assembly, the first permanent citizen assembly to sit as a permanent leadership pillar in a cultural institution anywhere in the world.”
- “Reshaping Governance, Curate, and the Associate Artistic Director development programme, we strengthened our commitment to nurturing the next generation of Global Ethnic Majority leadership.”
- “In 2024/25, New Art Exchange took a bold step forward in our environmental journey with the introduction of a new Environmental Sustainability Policy and Action Plan, establishing a clear and ambitious framework for achieving long-term positive impact.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANAND, Jiten Jagdish | Director | 2019-06-13 | Aug 1989 | British |
| CHARLES, Letha Anne-Marie | Director | 2023-09-14 | Mar 1966 | British |
| DAVE, Meeta | Director | 2019-06-13 | Jan 1968 | British |
| GAMBRAH, Samori | Director | 2023-09-14 | Aug 1984 | Ghanaian,American |
| LAPPIN, Michael | Director | 2023-12-01 | Oct 1985 | British |
| O BRIEN, Christopher, Professor | Director | 2011-12-08 | Mar 1943 | British |
| PINCHBECK, Rhiannon Ellen | Director | 2019-06-13 | Mar 1981 | British |
| POPAT, Nisha | Director | 2023-12-01 | Jun 1963 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUNTER, Patricia | Secretary | 2003-12-01 | 2009-11-16 |
| SINGH, Parbinder | Secretary | 2003-09-17 | 2003-12-01 |
| ARGUS NOMINEE SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-09-15 | 2003-09-17 |
| AKOMFRAH, Ashitey | Director | 2019-09-12 | 2023-12-01 |
| BUTLER, Michael | Director | 2004-01-29 | 2008-01-14 |
| CROSDALE, Milton Fitzroy | Director | 2004-10-23 | 2007-03-03 |
| EDWARDS, Tarze Elizabeth | Director | 2003-09-17 | 2005-09-01 |
| GILL, Sardul | Director | 2007-05-21 | 2022-11-24 |
| HOLDER, Lorna Patricia | Director | 2012-11-29 | 2019-04-01 |
| HUNTER, Patricia | Director | 2003-09-17 | 2009-11-16 |
| HUSSAIN, Mahtab | Director | 2019-09-12 | 2022-11-24 |
| IQBAL, Tasleem Kauser | Director | 2011-12-08 | 2018-08-01 |
| JOHAL, Sukhbinder Singh | Director | 2003-09-17 | 2018-01-11 |
| KHERA, Chander Mohan | Director | 2003-09-17 | 2022-11-24 |
| KING, Reyahn | Director | 2012-11-29 | 2018-09-30 |
| KUMAR, Rajesh | Director | 2003-09-17 | 2004-07-31 |
| MAXWELL, Edwin | Director | 2003-09-17 | 2004-01-31 |
| MAXWELL, Edwin Alexander | Director | 2003-09-17 | 2017-04-19 |
| MCDONALD, Leslie | Director | 2009-11-16 | 2023-04-28 |
| MIAN, Shahid Aziz, Dr | Director | 2009-11-16 | 2011-03-15 |
| MOONEY SMITH, Lisa Michelle, Dr | Director | 2009-11-16 | 2018-08-01 |
| MULLIN, Henderson De Coursey | Director | 2009-11-16 | 2011-12-08 |
| PICKERING, Veronica | Director | 2014-07-24 | 2019-06-13 |
| PRYCE, Paul Anthony | Director | 2003-09-17 | 2005-09-05 |
| RAMCHARAN, Sophia | Director | 2019-09-12 | 2021-02-07 |
| SHARMA, Devendra Kant | Director | 2004-10-23 | 2009-11-16 |
| SINGH, Parbinder | Director | 2003-09-17 | 2006-02-01 |
| SPENCER, Jennifer | Director | 2012-11-29 | 2021-09-30 |
| WINKLHOFER, Heidi, Professor | Director | 2009-11-16 | 2011-12-08 |
| ARGUS NOMINEE DIRECTORS LIMITED | Corporate Nominee Director | 2003-09-15 | 2003-09-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Mather | Individual | Significant influence | 2021-03-17 | Ceased 2021-06-16 |
| Mr Davinder Singh Virdi | Individual | Significant influence | 2020-10-26 | Ceased 2021-01-25 |
| Mr Leslie Mcdonald | Individual | Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 2018-12-01 | Ceased 2021-06-16 |
| Mr Sukhbinder Singh Johal | Individual | Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 2017-09-14 | Ceased 2018-01-11 |
| Mr Davinder Singh Virdi | Individual | Significant influence, significant-influence-or-control-as-firm | 2017-08-01 | Ceased 2018-12-01 |
| Mr Skinder Singh Hundal | Individual | significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2020-10-26 |
| Mr Edwin Alexander Maxwell | Individual | significant-influence-or-control-as-trust | 2016-04-06 | Ceased 2017-04-19 |
Filing timeline
Last 20 of 144 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-25 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-12-13 | AA | accounts | Accounts with accounts type group | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-11-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-07 | AA | accounts | Accounts with accounts type full | |
| 2022-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-17 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.