Folk2folk Limited
08178576
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/10/2012
BANKER
BRITISH · UNITED KINGDOM · Age 64
Also on 11 other boards
director · Since 30/07/2019
FARMER AND ENGINEER
BRITISH · UNITED KINGDOM · Age 72
Also on 3 other boards
director · Since 28/08/2019
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 70
Also on 4 other boards
director · Since 27/09/2019
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 4 other boards
director · Since 23/09/2025
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 47
Also on 5 other boards
director · Since 06/10/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 3 other boards
Persons with Significant Control
Folk Group Limited
Number One, Western Road, Launceston, PL15 7AR
Reg: 09732571 · Companies House · Limited Company
Notified 06/04/2016
Former PSCs
Mr Ronald Adrian Dingle
Ceased 20/05/2019
CompanyRankvs 304+ SIC 64999 peers79
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/01/2025
Net Worth
£4.1M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
£1.8M
Bottom line earnings
Net Current Assets
£3.7M
Working capital
Current Assets
£4.5M
Current Liabilities
£759k
Fixed Assets
£483k
Debtors
£2.3M
Cost of Sales
£451k
Admin Expenses
£3.9M
Profit After Tax
£1.4M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.90 | -£2.0M |
| 2024 | 9.25 | +£993k |
| 2023 | 10.04 | +£5.1M |
| 2022 | 6.74 | -£2.0M |
| 2021 | 6.36 | +£1.1M |
| 2020 | 4.77 | — |
Derived from filed accounts. Not audited figures.