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Steeldrumbands Ltd

10917622

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

VICTORIA MILL - 10 LOWER VICKERS STREET, MANCHESTER, M40 7LJ
Incorporated 16/08/2017

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 10/11/2025

Due 24/11/2026

On track

Industry

32200
Manufacture of musical instruments
90010
Performing arts
90020
Support activities to performing arts

Officers

Mr Francis David Mundangepfupfu

director · Since 16/08/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Francis Mundangepfupfu

75–100% shares

British · England · Age 39

Victoria Mill - 10 Lower Vickers Street, Flat 103, Manchester, M40 7LJ

Notified 08/11/2022

CompanyRankvs 185+ SIC 32200 peers
53

Financial strength67th percentile among SIC peers · 17/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees6/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£25k

Current Liabilities

£39k

1avg. employees

Balance Sheet

Assets less current liabilities£14k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65-£12k
20230.51+£61k
20220.38-£69k
20210.46-£838
20200.39+£18k
20190.55+£22k
2018-1.08

Derived from filed accounts. Not audited figures.