Folksound Music Limited
03117716
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 24/10/2025
Due 07/11/2026
Industry
Officers
Persons with Significant Control
Mr Graham John Bradshaw
British · England · Age 78
280, Daventry Road, Coventry, CV3 5HL
Notified 24/10/2016
CompanyRankvs 2448+ SIC 59200 peers67
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£54k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£9k
Working capital
Current Assets
£38k
Current Liabilities
£29k
Fixed Assets
£50k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.32 | -£5k |
| 2023 | 1.71 | +£24k |
| 2022 | 2.17 | +£10k |
| 2021 | 1.20 | +£17k |
| 2020 | 3.33 | -£13k |
| 2019 | 8.67 | -£2k |
| 2018 | 11.06 | — |
Derived from filed accounts. Not audited figures.