Reid Acoustic Designs Ltd
07017737
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/09/2009
DESIGNER
BRITISH · UNITED KINGDOM · Age 51
Also on 2 other boards
Persons with Significant Control
Planetstar Holdings Ltd
Unit W04, 222 Kensal Road, London, W10 5BN
Reg: 13077175 · Companies House · Limited Company
Notified 01/02/2021
Former PSCs
Mr Laurence William Reid
Ceased 28/02/2020
Planetstar Holdings Ltd
Ceased 01/02/2021
CompanyRankvs 9732+ SIC 32990 peers46
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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 30/09/2024
Net Worth
-£29k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£160
Working capital
Current Assets
£220k
Current Liabilities
£220k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.00 | -£47k |
| 2023 | 1.18 | -£5k |
| 2022 | 1.34 | +£32k |
| 2021 | 1.25 | -£145k |
| 2020 | 0.11 | +£87k |
| 2019 | 0.11 | -£32k |
| 2018 | 0.00 | — |
Derived from filed accounts. Not audited figures.