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Destiny Songs Limited

05452928

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

35 BALLARDS LANE, LONDON, N3 1XW
Incorporated 16/05/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

H S (Nominees) Limited

secretary · Since 16/05/2005

BRITISH

Also on 383 other boards

Mr Nicholas Raymonde

director · Since 16/05/2005

MUSIC PRODUCER

BRITISH · ENGLAND · Age 69

Also on 5 other boards

Persons with Significant Control

Nicholas Raymonde

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

British · United Kingdom · Age 69

35, Ballards Lane, London, N3 1XW

Notified 06/04/2016

CompanyRankvs 1910+ SIC 59200 peers
70

Financial strength83th percentile among SIC peers · 21/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.32× · 12/20
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 strength21/25 pts

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

Employees7/15 pts

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

Liquidity12/20 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 31/03/2024

Net Worth

£27k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£126k

Current Liabilities

£96k

Fixed Assets

£877

1avg. employees

Director Loans(2019)

Directors owe company£67k

Balance Sheet

Assets less current liabilities£31k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
20241.32-£76k
20231.89+£36k
20222.23+£33k
20202.38-£819
20192.48+£48k
20181.18—

Derived from filed accounts. Not audited figures.