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Sourbandesign Limited

06676612

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)
  • Current liabilities exceed current assets (-10)

Details

124 BRAYBROOKE ROAD, HASTINGS, TN34 1TG
Incorporated 19/08/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Juan Manuel Ces

director · Since 19/08/2008

BUILDER

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Juan Manuel Ces

75–100% shares
75–100% votes
Appoint directors

British · England · Age 57

20 Havelock Road, Hastings, TN34 1BP

Notified 06/04/2016

CompanyRankvs 44973+ SIC 41100 peers
49

Financial strength22th percentile among SIC peers · 6/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.92× · 6/20
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 strength6/25 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.

Liquidity6/20 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 31/08/2024

Turnover

£20k

Annual revenue

Net Worth

-£95

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£3k

Bottom line earnings

Net Current Assets

-£1k

Working capital

Current Assets

£13k

Current Liabilities

£14k

Fixed Assets

£1k

Profit After Tax

£2k

1avg. employees

Tax at Year End(2020)

Corp tax£6k

Director Loans(2019)

Company owes directors£298

Balance Sheet

Depreciation-£186
Assets less current liabilities-£95
Signed by Juan Ces 11/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.92
20220.36-£8k
20211.88+£4k
20201.11+£6k
2019-£2k£67k
2018£67k

Derived from filed accounts. Not audited figures.