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Downcast Studios Limited

07840830

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

69 PARK LANE, GATESHEAD, NE8 3JQ
Incorporated 09/11/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Philip Davies

director · Since 09/11/2011

SOUND ENGINEER

ENGLISH · ENGLAND · Age 46

Persons with Significant Control

Mr Philip Davies

75–100% shares

English · England · Age 46

69 Park Lane, Gateshead, NE8 3JQ

Notified 31/10/2016

CompanyRankvs 8595+ SIC 59200 peers
41

Financial strength6th percentile among SIC peers · 2/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.29× · 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 strength2/25 pts

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

Employees7/15 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 29/11/2025

Net Worth

-£36k

Balance sheet strength

Cash

£264

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£14k

Current Liabilities

£47k

Fixed Assets

£9k

Debtors

£13k

1avg. employees

Tax at Year End

Corp tax£36
VAT£22k

Director Loans

Directors owe company£10k

Balance Sheet

Assets less current liabilities-£24k
Signed by Mr Philip Davies 28/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.29-£32k£433k
20241.16
20230.11

Derived from filed accounts. Not audited figures.