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Audio Commune Ltd.

08743604

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

FIRST FLOOR FLAT, 24, LONDON, N16 9PH
Incorporated 22/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Alexander Cameron Ward

director · Since 22/10/2013

MUSICIAN

BRITISH · ENGLAND · Age 36

Mr Felix Rebaud-Sauer

director · Since 22/10/2013

MUSICIAN

FRENCH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Alexander Cameron Ward

25–50% shares

British · England · Age 36

First Floor Flat, 24, Albion Road, London, N16 9PH

Notified 06/04/2016

Mr Felix Rebaud-Sauer

25–50% shares

French · England · Age 36

First Floor Flat, 24, Albion Road, London, N16 9PH

Notified 25/10/2023

CompanyRankvs 4262+ SIC 59200 peers
63

Financial strength68th percentile among SIC peers · 17/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.96× · 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 strength17/25 pts

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

Employees12/15 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 31/10/2024

Net Worth

£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£863

Working capital

Current Assets

£22k

Current Liabilities

£23k

Fixed Assets

£5k

2avg. employees

Balance Sheet

Assets less current liabilities£4k
Signed by Mr Alexander Ward Mr Felix Rebaud-Sauer 07/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96
20231.86
20224.56+£12k
202132.88-£4k
202028.74+£3k
20199.07-£7k
20182.11

Derived from filed accounts. Not audited figures.