Tribe Festivals Limited
07999583
Some Concerns
- 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
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 30/10/2025
Due 13/11/2026
Industry
Officers
director · Since 21/03/2012
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 4 other boards
director · Since 01/04/2013
ENTREPRENEUR
BRITISH · ENGLAND · Age 54
Also on 5 other boards
Persons with Significant Control
Mr Graeme Frank Merifield
British · England · Age 55
C/O Menzies Llp, One Express, Manchester, M4 5DL
Notified 01/07/2016
Mr Simon Mark Collins
British · England · Age 54
C/O Menzies Llp, One Express, Manchester, M4 5DL
Notified 24/09/2025
Mr Samual Shrouder
British · England · Age 80
4, Summerbee Drive, Cheltenham, GL51 6TP
Notified 24/09/2025
CompanyRankvs 96960+ SIC 90020 peers32
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.04 |
| 2023 | 0.12 |
| 2022 | 0.18 |
| 2021 | 0.88 |
| 2020 | 0.42 |
| 2019 | 0.27 |
| 2018 | 1.31 |
Derived from filed accounts. Not audited figures.