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Rinse Productions Limited

04320503

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

PARK HOUSE, BRISTOL, BS1 5HX
Incorporated 09/11/2001

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr Stephen John Gibson

director · Since 09/11/2001

MUSIC PRODUCTIONS

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Caroline Gibson

secretary · Since 15/03/2002

BRITISH

Persons with Significant Control

Mr Stephen John Gibson

75–100% shares

British · United Kingdom · Age 58

Park House, 10 Park Street, Bristol, BS1 5HX

Notified 06/04/2016

CompanyRankvs 7016+ SIC 59200 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/03/2025

Net Worth

-£88k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£90k

Working capital

Current Assets

£284

Current Liabilities

£90k

Fixed Assets

£2k

Debtors

£284

2avg. employees+1

Tax at Year End

VAT£327

Director Loans

Company owes directors£80k

Balance Sheet

Assets less current liabilities-£88k
Signed by Mr Stephen Gibson 7th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.00-£11k£7k
2024-£12k
2023-£2k
20220.01-£7k
20210.00-£5k
20200.00-£11k£4k
2019-£10k£8k
2017£10k

Derived from filed accounts. Not audited figures.