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Tonetech Ltd.

06067591

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 2 TRADA BUSINESS CAMPUS, HIGH WYCOMBE, HP14 4NB
Incorporated 25/01/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32200
Manufacture of musical instruments

Officers

Mr Alexander Michael Storrie

director · Since 26/03/2021

SALES MANAGER

BRITISH · ENGLAND · Age 31

Also on 5 other boards

Mr Paul Alexander Storrie

director · Since 26/03/2021

TAX ADVISER

BRITISH · ENGLAND · Age 63

Also on 7 other boards

Persons with Significant Control

Capstore Holdings Limited

75–100% shares
75–100% votes

Unit 2, Trada Business Campus, High Wycombe, HP14 4NB

Reg: 08596075 · England And Wales · Private Company Limited By Shares

Notified 26/03/2021

Former PSCs

Mr William Quinn

Ceased 17/01/2025

Mrs Jayne Quinn

Ceased 17/01/2021

CompanyRankvs 207+ SIC 32200 peers
44

Financial strength6th percentile among SIC peers · 2/25
Employees69th percentile among SIC peers · 10/15
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 strength2/25 pts

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

Employees10/15 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 31/07/2025

Net Worth

-£40k

Balance sheet strength

Cash

£742

Cash in the bank

Net Current Assets

Working capital

Current Assets

£757

Current Liabilities

£11k

Debtors

£15

2avg. employees

Balance Sheet

Assets less current liabilities-£10k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£1k
20240.19-£3k
20239.38-£3k
20222.32-£75k
20214.96
20201.83
20192.04

Derived from filed accounts. Not audited figures.