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Tribe Festivals Limited

07999583

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O MENZIES LLP ONE EXPRESS, MANCHESTER, M4 5DL
Incorporated 21/03/2012

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

90020
Support activities to performing arts
93290
Other amusement and recreation activities

Officers

Mr Graeme Frank Merifield

director · Since 21/03/2012

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Mr Simon Mark Collins

director · Since 01/04/2013

ENTREPRENEUR

BRITISH · ENGLAND · Age 54

Also on 5 other boards

Persons with Significant Control

Mr Graeme Frank Merifield

Significant control

British · England · Age 55

C/O Menzies Llp, One Express, Manchester, M4 5DL

Notified 01/07/2016

Mr Simon Mark Collins

25–50% shares

British · England · Age 54

C/O Menzies Llp, One Express, Manchester, M4 5DL

Notified 24/09/2025

Mr Samual Shrouder

25–50% shares

British · England · Age 80

4, Summerbee Drive, Cheltenham, GL51 6TP

Notified 24/09/2025

CompanyRankvs 96960+ SIC 90020 peers
32

Financial strength1th percentile among SIC peers · 0/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees11/15 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.

Longevity14/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of the uncertainty of the net current liability position at 31st august 2024. However, the existence of a material uncertainty remains which may cast doubt on the company’s ability to continue as a going concern. Nevertheless, the financial statements have been prepared on a going concern basis, on the assumption that such support will continue. Page 2 Tribe Festivals Limited Notes to the Unaudi

Key FinancialsYear ending 31/08/2024

Net Worth

-£863k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£722k

Working capital

Current Assets

£32k

Current Liabilities

£754k

Fixed Assets

£3k

Debtors

£10k

2avg. employees

Balance Sheet

Bank loans & overdrafts£35k
Assets less current liabilities-£719k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20240.04
20230.12
20220.18
20210.88
20200.42
20190.27
20181.31

Derived from filed accounts. Not audited figures.