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Portland Audio Limited

04535276

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

1066 LONDON ROAD, LEIGH-ON-SEA, SS9 3NA
Incorporated 13/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59120
Motion picture, video and television programme post-production activities

Officers

Mr Andrew Victor Elliott

director · Since 13/09/2002

EDITOR

BRITISH · UNITED KINGDOM · Age 61

Also on 3 other boards

Mr Mark Alexander Manning

director · Since 12/06/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Mr Andrew Nicholson

director · Since 12/06/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 4 other boards

Persons with Significant Control

Directors Cut Films Ltd

75–100% shares
75–100% votes
Appoint directors

Brookman Limited, 145-147 Hatfield Road, St. Albans, AL1 4JY

Reg: 03747750 · England And Wales · Private Limited Company

Notified 14/02/2022

Former PSCs

Mr Andrew Victor Elliott

Ceased 14/02/2022

Mr Frederick Robert Hart

Ceased 28/02/2019

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/05/2008Registered 31/05/2008
charge
outstanding

MOUNT COOK LAND LIMITED

Created 26/10/2004Registered 03/11/2004

CompanyRankvs 15+ SIC 59120 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Outstanding charges: -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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 31/07/2023

Net Worth

-£113k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£128k

Working capital

Current Assets

£120k

Current Liabilities

£248k

Fixed Assets

£14k

Debtors

£120k

3avg. employees

Tax at Year End

VAT£2k

Director Loans

Directors owe company£9k

Balance Sheet

Assets less current liabilities-£113k
Signed by Mr Mark Manning 21 March 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.48+£5k£41k
20220.58-£50k£115k
20210.46-£46k—
20200.75-£25k—
20191.04-£3k—
20181.08——

Derived from filed accounts. Not audited figures.