Promo Records Limited
04250141
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 11/07/2001
SALES MANAGER
BRITISH · ENGLAND · Age 50
Also on 1 other board
director · Since 11/07/2001
SALES MANAGER
BRITISH · ENGLAND · Age 50
Also on 1 other board
Persons with Significant Control
Mr Matthew James Priest
British · England · Age 50
Unit 6 Appleby Glade Industrial Estate, Ryder Close, Swadlincote, DE11 9EU
Notified 01/07/2016
CompanyRankvs 344+ SIC 47630 peers49
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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 31/12/2024
Net Worth
-£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£4k
Current Liabilities
£5k
Fixed Assets
£207
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.71 |
| 2023 | 0.98 |
| 2021 | 0.94 |
Derived from filed accounts. Not audited figures.