Free-Spirit Records Ltd
06762098
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 03/12/2025
Due 17/12/2026
Industry
Officers
Persons with Significant Control
Mr Giampiero Mastino
Italian · England · Age 61
Unit 8a, James Carter Road, James Carter Road, Bury St. Edmunds, IP28 7DE
Notified 01/12/2016
CompanyRankvs 8167+ SIC 49320 peers38
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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 31/03/2025
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£0
Current Liabilities
£2k
Fixed Assets
£480
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£2k |
| 2024 | 0.01 | +£5k |
| 2023 | 0.00 | +£4k |
| 2022 | 0.00 | +£3k |
| 2021 | 0.00 | +£784 |
| 2020 | 0.09 | +£17k |
| 2018 | 0.01 | — |
Derived from filed accounts. Not audited figures.