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Immovable Recordings Limited

05239306

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2ND FLOOR, NATIONAL HOUSE, LONDON, W1F 0TA
Incorporated 23/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Kingslee James Daley

director · Since 23/09/2004

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Ms Chanelle Newman

director · Since 04/10/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Persons with Significant Control

Kingslee James Daley

25–50% shares

British · England · Age 42

2nd Floor, National House, London, W1F 0TA

Notified 30/06/2016

Immovable Limited

50–75% shares

2nd Floor, National House, London, W1F 0TA

Reg: 09483325 · England & Wales · Limited Company

Notified 17/07/2020

CompanyRankvs 85930+ SIC 59200 peers
51

Financial strength10th percentile among SIC peers · 3/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.94× · 6/20
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 strength3/25 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.

Liquidity6/20 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 31/12/2023

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£199k

Current Liabilities

£211k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.94-£31k
20212.08+£9k
20201.70-£22k
20198.52+£15k
20188.25

Derived from filed accounts. Not audited figures.