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Far Side Music Ltd

04398551

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

6 OVERHILL WAY, BECKENHAM, BR3 6SW
Incorporated 19/03/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Paul Michael Fisher

director · Since 19/03/2002

DIRECTOR

BRITISH · ENGLAND

Persons with Significant Control

Mr Paul Michael Fisher

75–100% shares

British · England

Notified 01/07/2016

CompanyRankvs 81113+ SIC 82990 peers
50

Financial strength33th percentile among SIC peers · 8/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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81113Far Side Music Ltd
50
How is this score calculated?
Financial strength8/25 pts

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

Employees10/15 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.

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

£100

Balance sheet strength

Cash

£755

Cash in the bank

Net Current Assets

-£97k

Working capital

Current Assets

£3k

Current Liabilities

£100k

2avg. employees

Balance Sheet

Assets less current liabilities-£97k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.03
20240.03
20230.04

Derived from filed accounts. Not audited figures.