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Drumcode Ltd

09046646

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 FERRYMANS QUAY, LONDON, SW6 2UT
Incorporated 19/05/2014

Compliance

Last accounts

31/08/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr Jeremy James Ford

director · Since 01/07/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Mrs Lesley Ellen Alexander

secretary · Since 13/05/2020

Persons with Significant Control

Mr Adam Beyer

75–100% shares

Swedish · Sweden · Age 50

5 Ferrymans Quay, William Morris Way, London, SW6 2UT

Notified 01/06/2016

CompanyRankvs 4992+ SIC 59200 peers
54

Financial strength0th percentile among SIC peers · 0/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.83× · 20/20
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 strength0/25 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.

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.

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 31/08/2024

Net Worth

-£827k

Balance sheet strength

Cash

£299k

Cash in the bank

Net Current Assets

£373k

Working capital

Current Assets

£470k

Current Liabilities

£97k

Fixed Assets

£30k

Debtors

£171k

1avg. employees

Balance Sheet

Assets less current liabilities£403k
Signed by 2023-09-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.83-£1.7M
202319.77

Derived from filed accounts. Not audited figures.