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Soundheart Limited

07347010

active
Private Limited Company
england wales
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)

Details

18 MORLAND AVENUE, LEICESTER, LE2 2PE
Incorporated 16/08/2010

Compliance

Last accounts

15/08/2024

micro entity

Next accounts due

15/05/2026

On track

Confirmation statement

Last: 05/10/2025

Due 19/10/2026

On track

Industry

90020
Support activities to performing arts

Officers

Claudette Jenny Edwardes

director · Since 16/08/2010

MUSIC RETAIL

BRITISH · UNITED KINGDOM · Age 55

Mr Michael Patrick Edwardes

director · Since 16/09/2015

MUSICAL INSTRUMENT MANAGER & DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Michael Patrick Edwardes

25–50% shares
Appoint directors

British · England · Age 64

9, Brockley Rise, London, SE23 1JG

Notified 23/12/2016

Mrs Claudette Jenny Edwardes

25–50% shares

British · England · Age 55

9, Brockley Rise, Forest Hill, SE23 1JG

Notified 01/01/2026

Former PSCs

Janet

Ceased 01/01/2020

Mr Martin Powell

Ceased 12/12/2016

Mrs Claudette Edwardes

Ceased 01/01/2026

CompanyRankvs 9859+ SIC 90020 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.21× · 2/20
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 strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 15/08/2024

Net Worth

-£97k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£94k

Working capital

Current Assets

£26k

Current Liabilities

£119k

Fixed Assets

£5k

-1avg. employees-2

Balance Sheet

Assets less current liabilities-£89k
Prepared with v2025.28.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21+£950
20230.24+£12k
20220.23-£6k
20210.23+£4k
20200.25-£16k
20190.25+£4k
20180.21

Derived from filed accounts. Not audited figures.