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Easytown Records Ltd

08947435

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

110 HILLSIDE VILLAS, MILLENDREATH, PL13 1PF
Incorporated 19/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Walter Wallis

director · Since 19/03/2014

RECORD AND PUBLISHING COMPANY

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

CompanyRankvs 11715+ SIC 59200 peers
31

Financial strength6th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

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

Longevity12/15 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 31/03/2025

Turnover

£0

Annual revenue

Net Worth

-£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£7k

Current Liabilities

£45k

Fixed Assets

£3k

Profit After Tax

-£1k

Balance Sheet

Assets less current liabilities-£35k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16-£1k
20240.16-£3k
20230.17

Derived from filed accounts. Not audited figures.