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Volution Music Limited

05300020

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

RIVERSIDE COURT, CHEPSTOW, NP16 5UH
Incorporated 30/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Derek Lloyd Parfitt

director · Since 30/11/2004

DIRECTOR

BRITISH · BRITAIN · Age 72

Also on 29 other boards

Mrs Gillian Elizabeth Coles

director · Since 01/12/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 2 other boards

Mr James Docherty

director · Since 28/07/2015

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 49

Mr Derek Lloyd Parfitt

secretary · Since 28/11/2017

Also on 29 other boards

Mr Craig David Grant

director · Since 29/11/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

CompanyRankvs 3396+ SIC 63110 peers
58

Financial strength48th percentile among SIC peers · 12/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.07× · 2/20
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 strength12/25 pts

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

Employees14/15 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 30/11/2024

Net Worth

£126

Balance sheet strength

Cash

£189

Cash in the bank

Net Current Assets

-£60k

Working capital

Current Assets

£4k

Current Liabilities

£64k

Fixed Assets

£67k

Debtors

£4k

5avg. employees

Balance Sheet

Intangible assets£67k
Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.07
20230.06
20220.06
20210.06
20200.05
20190.05
20180.00

Derived from filed accounts. Not audited figures.