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Crystal Clear Sound Ltd.

08679734

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

7 MANOR WAY, GRAYS, RM17 6RN
Incorporated 06/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Michael Chengaose

director · Since 06/09/2013

SOUND TECHNICIAN

ZIMBABWEAN · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr. Michael Chengaose

25–50% shares
25–50% votes
Significant control

Zimbabwean,British · England · Age 49

7 Manor Way, Manor Way, Grays, RM17 6RN

Notified 06/09/2016

Former PSCs

Mrs Roselyn Kamusoko Chengaose

Ceased 02/01/2021

CompanyRankvs 5405+ SIC 59200 peers
57

Financial strength62th percentile among SIC peers · 16/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£2k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£64k

Current Liabilities

£93k

Fixed Assets

£31k

Debtors

£56k

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Signed by 1.10.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69-£6k
20230.63

Derived from filed accounts. Not audited figures.