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Partsound Limited

04966887

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

MOUNT BATTEN BAR, PLYMOUTH, PL9 9SJ
Incorporated 17/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Penelope Brewer

director · Since 18/05/2004

LICENSEE

BRITISH · ENGLAND · Age 66

Mr Duncan Giles Martin

director · Since 14/11/2025

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 10 other boards

Persons with Significant Control

Breakwater House Limited

75–100% shares
75–100% votes

The Mount Batten Bar, Lawrence Road, Plymouth, PL9 9SJ

Notified 17/11/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 18/05/2004Registered 02/06/2004Satisfied 29/10/2005
charge
satisfied

BARCLAYS BANK PLC

Created 02/02/2004Registered 07/02/2004Satisfied 29/10/2005

CompanyRankvs 1467+ SIC 55100 peers
70

Financial strength72th percentile among SIC peers · 18/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 12.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£82k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£104k

Current Liabilities

£8k

Fixed Assets

£4k

Debtors

£10k

0avg. employees

Balance Sheet

Assets less current liabilities£100k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202412.82+£16k
202310.16+£12k
202210.60+£13k
202115.09+£11k

Derived from filed accounts. Not audited figures.