Festival Of Spirit Limited
06264065
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Leon Lucide
French · France · Age 68
Ingles Manor, Castle Hill Avenue, Folkestone, CT20 2RD
Notified 01/07/2016
Mrs Chantal Saliniere Lucide
French · France · Age 72
Ingles Manor, Castle Hill Avenue, Folkestone, CT20 2RD
Notified 09/12/2024
CompanyRankvs 48749+ SIC 74909 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
-£1.0M
Balance sheet strength
Cash
£103k
Cash in the bank
Net Current Assets
-£1.5M
Working capital
Current Assets
£280k
Current Liabilities
£1.8M
Debtors
£178k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.15 | +£0 |
| 2025 | 0.15 | -£2k |
| 2024 | 0.15 | -£1.3M |
| 2023 | — | -£2k |
| 2022 | — | +£2k |
Derived from filed accounts. Not audited figures.