Future Sounds Limited
00876450
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/07/2022
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Persons with Significant Control
Mr Charles Henry Ward
British · Wales · Age 89
Little Ancre Hill Farm House, Monmouth, NP25 5SY
Notified 21/12/2016
Charges2 outstanding
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CompanyRankvs 11087+ SIC 74990 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£9k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£29k
Working capital
Current Assets
£0
Current Liabilities
£29k
Fixed Assets
£20k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£870 |
| 2023 | 0.01 | -£821 |
| 2022 | 0.01 | -£454 |
| 2021 | 0.01 | -£2k |
| 2020 | 0.01 | +£0 |
| 2019 | 0.01 | -£144 |
| 2018 | 0.01 | -£883 |
Derived from filed accounts. Not audited figures.