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Planet Spandex Ltd

05579336

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)
  • Negative net worth (-10)

Details

40 BROADWAY LANE, BOURNEMOUTH, BH8 0AA
Incorporated 30/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59112
Video production activities
59113
Television programme production activities

Officers

Layla Faye Smith

secretary · Since 30/09/2005

TV EXEC

BRITISH · Age 50

Mr Matthew David Smith

director · Since 30/09/2005

PHOTOGRAPHER

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Matthew David Smith

75–100% shares

British · England · Age 56

23, Mckinley Road, Bournemouth, BH4 8AG

Notified 30/09/2016

CompanyRankvs 12517+ SIC 59112 peers
36

Financial strength8th percentile among SIC peers · 2/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.16× · 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 strength2/25 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.

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

-£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£3k

Current Liabilities

£16k

0avg. employees

Balance Sheet

Assets less current liabilities-£14k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16+£0
20230.16+£0
20220.16+£0
20210.38+£0
20200.38-£2k
20190.07+£2k
20180.07

Derived from filed accounts. Not audited figures.