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Out Of Nowhere Limited

09983523

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

170A-172 HIGH STREET, RAYLEIGH, SS6 7BS
Incorporated 02/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mr Luke Jacob Michael Wolfman

director · Since 02/02/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Cirque Entertainment Limited

25–50% shares

2, Northwold Road, London, N16 7HG

Reg: 08748842 · Companies House Uk · Limited Company

Notified 01/07/2016

Aei Live Ltd

25–50% shares

368, Cemetery Road, Sheffield, S11 8FT

Reg: 07539944 · Companies House United Kingdom · Limited Company

Notified 01/07/2016

CompanyRankvs 15+ SIC 90020 peers
17

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

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.

Longevity10/15 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

there will be no revenue generated from this event in the upcoming financial year. The absence of expected revenue raises substantial doubt about the Company’s ability to continue as a going concern. The directors have considered the impact of this cancellation on the Company's future financial performance, including cash flow projections and operational viability. Given the current circumstanc

Key FinancialsYear ending 31/12/2023

Net Worth

-£818k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£36k

Current Liabilities

£855k

Fixed Assets

£58k

Debtors

£6k

3avg. employees+1
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.04-£716k
20210.85—

Derived from filed accounts. Not audited figures.