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Stitch Editing Limited

07217406

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)
  • Current liabilities exceed current assets (-10)

Details

14 NEWBURGH STREET, LONDON, W1F 7RT
Incorporated 08/04/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59111
Motion picture production activities

Officers

Leo Zola King

secretary · Since 08/04/2010

BRITISH

Mr Timothy Michael Hardy

director · Since 08/04/2010

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr Leo Zola King

director · Since 08/04/2010

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Leo Zola King

25–50% shares

British · England · Age 47

14, Newburgh Street, London, W1F 7RT

Notified 06/04/2016

Mr Timothy Michael Hardy

25–50% shares

British · England · Age 55

14, Newburgh Street, London, W1F 7RT

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

HSBC BANK PLC

Created 04/09/2017Registered 06/09/2017Satisfied 18/03/2021
charge
satisfied

HSBC BANK PLC

Created 27/09/2010Registered 30/09/2010Satisfied 19/07/2017

CompanyRankvs 440+ SIC 59111 peers
85

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.52× · 16/20
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.

Employees15/15 pts

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

Liquidity16/20 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

£566k

Balance sheet strength

Cash

£383k

Cash in the bank

Net Current Assets

£503k

Working capital

Current Assets

£1.5M

Current Liabilities

£960k

Fixed Assets

£149k

Debtors

£1.1M

25avg. employees

Tax at Year End

Corp tax£182k
VAT£82k

Director Loans(2023)

Directors owe company£100k

Balance Sheet

Assets less current liabilities£652k
Signed by Mr Leo King 24/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.52+£114k£1.6M
20231.49-£87k£1.8M
20221.88-£157k£1.2M
20211.79+£199k£1.7M
20201.48-£35k£3.6M
20201.48-£50k£1.3M
20191.43£1.2M

Derived from filed accounts. Not audited figures.