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Loony Records Limited

06009546

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

23A HIGH STREET, HERTS, WD4 8AB
Incorporated 24/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Oscar Antonino Russo

director · Since 20/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 1 other board

Persons with Significant Control

Mr Oscar Antonino Russo

Significant control

British · England · Age 31

23a High Street, Herts, WD4 8AB

Notified 15/06/2022

Former PSCs

Mr Antonio Russo

Ceased 15/06/2022

CompanyRankvs 8480+ SIC 59200 peers
40

Financial strength3th percentile among SIC peers · 1/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.01× · 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 strength1/25 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.

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

-£67k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£907

Current Liabilities

£68k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£67k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£0
20230.01-£116
20220.06+£4k
20210.07

Derived from filed accounts. Not audited figures.