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Absolute Sounds Limited

01521125

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

1ST FLOOR, LONDON, W1D 5PG
Incorporated 09/10/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46431
46431

Officers

Mr Ricardo Franassovici

director · Since 31/12/1991

MERCHANTS

FRENCH · UNITED KINGDOM · Age 74

Also on 8 other boards

Mr Ramakrishnan Satkunapalan Ba Hon

secretary · Since 01/08/2007

BOOK KEEPER

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Persons with Significant Control

Mr Ricardo Franassovici

75–100% shares

French · United Kingdom · Age 74

58, Durham Road, London, SW20 0TW

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 41+ SIC 46431 peers
65

Financial strength76th percentile among SIC peers · 19/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 30/04/2025

Net Worth

£27k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£188k

Working capital

Current Assets

£2.5M

Current Liabilities

£2.3M

Fixed Assets

£24k

Debtors

£1.2M

8avg. employees+1

Balance Sheet

Intangible assets£1
Assets less current liabilities£212k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.08-£67k
20241.07-£28k
20231.22+£3k
20221.29-£12k
20211.32-£36k
20201.38

Derived from filed accounts. Not audited figures.