Audio Lockdown Ltd
09373763
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/01/2019
SOUND ENGINEER
BRITISH · ENGLAND · Age 64
Also on 1 other board
Persons with Significant Control
Mr Patrick Wallace
British · England · Age 64
Audio Lockdown, 597 High Road, Leyton, E10 6PY
Notified 29/01/2019
Former PSCs
Mr Pat Wallace
Ceased 01/10/2018
CompanyRankvs 818+ SIC 47430 peers31
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
-£70k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£6k
Working capital
Current Assets
£6k
Current Liabilities
£77k
Fixed Assets
£570
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.08 | -£6k |
| 2024 | 0.11 | -£10k |
| 2023 | 0.25 | +£1k |
| 2022 | 0.32 | -£5k |
| 2021 | 0.35 | -£16k |
| 2020 | 0.30 | -£16k |
| 2019 | 0.62 | -£6k |
| 2018 | 0.76 | — |
Derived from filed accounts. Not audited figures.