Back to search

Ace Records Limited

01568303

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ACE RECORDS BUILDING, LETCHWORTH GARDEN CITY, SG6 1JF
Incorporated 16/06/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Neil Alan Scaplehorn

director · Since 13/01/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Mr Robert James Butterworth

secretary · Since 19/03/2024

Mr Christopher John Lines

director · Since 19/03/2024

SYNC, DIGITAL & LICENSING MANAGER

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Ace Reords Management Limited

75–100% shares

42-50, Steele Road, London, NW10 7AS

Reg: 10390330 · Companies House · Limited Company

Notified 22/07/2021

Former PSCs

Mr Roger Colin Armstrong

Ceased 22/07/2021

Mr Trevor Anthony John Churchill

Ceased 22/07/2021

Mr David Carroll

Ceased 22/07/2021

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/03/2022Registered 24/03/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/09/2002Registered 17/09/2002Satisfied 22/12/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/08/2002Registered 02/09/2002Satisfied 22/12/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/08/2000Registered 16/08/2000Satisfied 22/12/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/08/2000Registered 10/08/2000Satisfied 06/07/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/08/1991Registered 04/09/1991Satisfied 22/12/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/06/1988Registered 13/06/1988Satisfied 23/03/2017
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/07/1984Registered 25/07/1984Satisfied 21/12/2016

CompanyRankvs 209+ SIC 59200 peers
75

Financial strength81th percentile among SIC peers · 20/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.08× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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 31/03/2025

Net Worth

£22k

Balance sheet strength

Cash

£197k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.9M

Current Liabilities

£601k

Fixed Assets

£53k

Debtors

£863k

14avg. employees-1

Tax at Year End(2024)

Corp tax£32k

Balance Sheet

Intangible assets£13k
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.08+£29k
20240.98+£81k
20233.52+£15k
20222.96
20211.05

Derived from filed accounts. Not audited figures.