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Old Town Sounds Ltd

08582721

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

HERBERT LEWIS WILLIAMS & ASSOCIATES LEIGH COURT BUSINESS CENTRE, BRISTOL, BS8 3RA
Incorporated 25/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Miss Violet Joyce Mclaren

director · Since 25/06/2013

HEADTEACHER

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Darren Simons

director · Since 25/06/2013

SOUND ENGINEER/MUSICIAN

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Darren Simons

25–50% shares

British · England · Age 41

Herbert Lewis Williams & Associates, Leigh Court Business Centre, Bristol, BS8 3RA

Notified 25/06/2017

Miss Violet Joyce Mclaren

50–75% shares

British · England · Age 59

Herbert Lewis Williams & Associates, Leigh Court Business Centre, Bristol, BS8 3RA

Notified 25/06/2017

Charges3 outstanding

Charge
outstanding

VIOLET MCLAREN

Created 21/08/2013Registered 29/08/2013
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 21/08/2013Registered 24/08/2013
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 25/07/2013Registered 03/08/2013

CompanyRankvs 617+ SIC 56302 peers
72

Financial strength97th percentile among SIC peers · 24/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.91× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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617Old Town Sounds Ltd
81
How is this score calculated?
Financial strength24/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2025

Net Worth

£720k

Balance sheet strength

Cash

£282k

Cash in the bank

Net Current Assets

£239k

Working capital

Current Assets

£300k

Current Liabilities

£61k

Fixed Assets

£498k

Debtors

£11k

8avg. employees

Balance Sheet

Assets less current liabilities£737k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20254.91+£0
20254.91-£36k
20245.85+£21k
20232.06+£271k
20220.93+£192k
20211.06+£240k
20200.50-£75k
20191.34+£38k
20181.41—

Derived from filed accounts. Not audited figures.