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Pirate Studios Limited

09669260

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

13 ROTHBURY ROAD, LONDON, E9 5HA
Incorporated 03/07/2015

Compliance

Last accounts

31/12/2023

group

Next accounts due

18/03/2026

Overdue

Confirmation statement

Last: 03/07/2025

Due 17/07/2026

On track

Industry

90040
Operation of arts facilities

Officers

Mr David Andrew Borrie

director · Since 03/07/2015

DIRECTOR

ENGLISH · ENGLAND · Age 42

Also on 3 other boards

Mr Herbin Koh Puay Teck

director · Since 17/05/2019

FINANCE

SINGAPOREAN · HONG KONG · Age 34

Brockman Andrews Mr Simon Charles

director · Since 19/10/2023

FUND MANAGER

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Shu Wang Kwan

director · Since 19/10/2023

INVESTOR

CHINESE · HONG KONG · Age 50

Mr Roland Kyle

director · Since 19/10/2023

FUND MANAGER

IRISH · SINGAPORE · Age 52

Mr Eric Solberg

director · Since 19/10/2023

INVESTOR

AMERICAN · SINGAPORE · Age 58

Persons with Significant Control

Mr Goodwin Gaw

Significant control

Chinese · Hong Kong · Age 57

18/F, 68 Yee Wo Street, Hong Kong

Notified 03/06/2024

Mr Kenneth Gaw

Significant control

Chinese · Hong Kong · Age 55

18/F, 68 Yee Wo Street, Hong Kong

Notified 03/06/2024

Former PSCs

Mr David Andrew Borrie

Ceased 02/03/2017

CompanyRankvs 2074+ SIC 90040 peers
33

Financial strength52th percentile among SIC peers · 13/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength13/25 pts

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

Employees2/15 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.

Longevity11/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2023

Net Worth

£938

Balance sheet strength

Cash

£88k

Cash in the bank

Net Current Assets

-£43.4M

Working capital

Current Assets

£21.3M

Current Liabilities

£64.7M

Fixed Assets

£9.9M

Debtors

£557k

Profit After Tax

-£11.1M

0avg. employees

Balance Sheet

Intangible assets£1.8M
Bank loans & overdrafts£9.3M
Assets less current liabilities-£33.5M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20230.33
20223.42
20180.63

Derived from filed accounts. Not audited figures.