Bandcraft Limited
04676977
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/03/2003
COMPANY DIRECTOR
IRISH · ENGLAND · Age 59
Also on 2 other boards
Persons with Significant Control
Mr Michael Joseph Horgan
Irish · Ireland · Age 59
1, Warner House, Harrow, HA1 3EX
Notified 09/04/2026
Former PSCs
Mr Michael Joseph Horgan
Ceased 08/04/2026
Charges1 outstanding
LLOYDS TSB BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 105362+ SIC 68100 peers28
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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.
Risk deductions
Outstanding charges: -10 pts
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
-£24k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£41k
Working capital
Current Assets
£3k
Current Liabilities
£44k
Fixed Assets
£550k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | +£45k |
| 2024 | 0.10 | +£30k |
| 2023 | 0.72 | -£332k |
| 2022 | 1.20 | +£59k |
| 2021 | 1.05 | +£4k |
| 2020 | 0.07 | -£6k |
| 2019 | 0.32 | — |
Derived from filed accounts. Not audited figures.