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Craigsound Ltd

10468039

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

353 HALLIWELL ROAD, BOLTON, BL1 8DF
Incorporated 08/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Craig Burns

director · Since 08/11/2016

ENGINEER

BRITISH · ENGLAND · Age 40

Mrs Hailey Pettit

director · Since 27/06/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Craig Burns

75–100% shares

British · England · Age 40

11, West Avenue, Preston, PR2 7EP

Notified 02/08/2023

CompanyRankvs 7899+ SIC 71129 peers
62

Financial strength59th percentile among SIC peers · 15/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees10/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/05/2026

Net Worth

£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£41k

Current Liabilities

£27k

Fixed Assets

£8k

2avg. employees+1

Balance Sheet

Assets less current liabilities£21k
Signed by Mr Craig Burns 27/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.50+£10k
20241.40-£3k
20231.46

Derived from filed accounts. Not audited figures.