Citysound Limited
05951460
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/09/2006
GLAZING TECHNICIAN
BRITISH · ENGLAND · Age 54
Also on 3 other boards
Persons with Significant Control
Mr Andrew John Smith
British · England · Age 54
3 Chester Mews, 135a Chingford Road, London, E17 4PN
Notified 29/09/2016
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 75+ SIC 43342 peers79
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£1.3M
Balance sheet strength
Cash
£711k
Cash in the bank
Net Current Assets
£865k
Working capital
Current Assets
£1.4M
Current Liabilities
£549k
Fixed Assets
£908k
Debtors
£703k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.57 | +£173k |
| 2023 | 2.33 | -£21k |
| 2022 | 2.29 | +£121k |
| 2021 | 3.18 | +£235k |
| 2020 | 2.64 | +£224k |
| 2019 | 1.83 | +£90k |
| 2018 | 4.92 | — |
Derived from filed accounts. Not audited figures.