Down2earth Music Ltd
07509961
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr. Evangelos Klimakis
Greek · Greece · Age 47
Speen House, Porter Street, London, W1U 6AJ
Notified 06/04/2016
Mr. Klejdi Llupa
Albanian · Greece · Age 41
Speen House, Porter Street, London, W1U 6AJ
Notified 06/04/2016
CompanyRankvs 1603+ SIC 59200 peers72
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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 31/01/2025
Turnover
£345k
Annual revenue
Net Worth
£13k
Balance sheet strength
Cash
£16k
Cash in the bank
Profit Before Tax
£8k
Bottom line earnings
Net Current Assets
£21k
Working capital
Current Assets
£34k
Current Liabilities
£12k
Debtors
£17k
Cost of Sales
£227k
Gross Profit
£118k
Admin Expenses
£110k
Operating Profit
£8k
Profit After Tax
£6k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.70 | +£6k |
| 2024 | 1.99 | -£1k |
| 2023 | 1.64 | -£16k |
| 2022 | 3.09 | -£32k |
| 2021 | 26.40 | +£22k |
| 2020 | 17.46 | +£26k |
| 2019 | 31.50 | — |
Derived from filed accounts. Not audited figures.