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Never Say Die Records Ltd

06965665

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

92 STATION ROAD, CLACTON-ON-SEA, CO15 1SG
Incorporated 17/07/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Thomas Stephen Petais

director · Since 17/07/2009

MEDIA

BRITISH · AUSTRALIA · Age 44

Also on 1 other board

Mr Daniel John Gale Hayes

director · Since 18/05/2021

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Tom Stephen Petais

75–100% shares

British · Australia · Age 44

92, Station Road, Clacton-On-Sea, CO15 1SG

Notified 30/06/2016

CompanyRankvs 78+ SIC 59200 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.21× · 20/20
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 strength24/25 pts

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

Employees14/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£268k

Balance sheet strength

Cash

£400k

Cash in the bank

Net Current Assets

£260k

Working capital

Current Assets

£475k

Current Liabilities

£215k

Fixed Assets

£11k

Debtors

£75k

3avg. employees

Balance Sheet

Assets less current liabilities£270k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.21-£123k
20232.67

Derived from filed accounts. Not audited figures.