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Impact Sound Ltd

10954993

active
Private Limited Company
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

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 11/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles
47190
Other retail sale in non-specialised stores
47591
Retail sale of musical instruments and scores

Officers

Mr Paul Fredrick Mhando

director · Since 11/09/2017

COMPANY DIRECTOR

TANZANIAN · UNITED KINGDOM · Age 46

Mrs Lilian Saidi Mhando

director · Since 15/08/2023

ENTREPRENEUR

TANZANIAN · ENGLAND · Age 42

Persons with Significant Control

Mr Paul Fredrick Mhando

75–100% shares

Tanzanian · United Kingdom · Age 46

20-22, Wenlock Road, London, N1 7GU

Notified 11/09/2017

CompanyRankvs 1359+ SIC 45190 peers
62

Financial strength64th percentile among SIC peers · 16/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.43× · 20/20
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 strength16/25 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.

Liquidity20/20 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 30/09/2024

Net Worth

£19k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£42k

Current Liabilities

£8k

Fixed Assets

£11k

Debtors

£68k

0avg. employees

Balance Sheet

Assets less current liabilities£45k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.43-£29
202324.72-£8k
2022449.52+£16k
20213.67+£5k
202016.94+£4k
20192.41+£35
20181.21

Derived from filed accounts. Not audited figures.