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Sound Credit Tv Limited

06472043

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 26, MULBERRY COURT BOURNE ROAD IND ESTATE, CRAYFORD, DA1 4BF
Incorporated 14/01/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Simon Coles

secretary · Since 14/01/2008

BRITISH · UNITED KINGDOM · Age 61

Also on 9 other boards

Mr Simon Coles

director · Since 14/01/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 9 other boards

Mr Mark Windsor Nicholls

director · Since 14/01/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Simon Coles

Significant control

British · United Kingdom · Age 61

Unit 26, Mulberry Court, Bourne Road Ind Estate, Crayford, DA1 4BF

Notified 08/06/2020

Charges1 outstanding

Charge
outstanding

THE TRUSTEES OF WAVECREST PENSION SCHEME

Created 07/10/2013Registered 21/10/2013

CompanyRankvs 28+ SIC 59200 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.72× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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 31/03/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£159k

Cash in the bank

Net Current Assets

£827k

Working capital

Current Assets

£1.3M

Current Liabilities

£480k

Fixed Assets

£667k

Debtors

£1.1M

25avg. employees+3

Tax at Year End

Corp tax£106k

Balance Sheet

Assets less current liabilities£1.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.72-£148k
20242.92
20232.83
20225.68
20213.52
20207.72
20194.00

Derived from filed accounts. Not audited figures.