Chalset Sound Limited
11040498
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/10/2017
SOUND ENGINEER
BULGARIAN · UNITED KINGDOM · Age 46
Persons with Significant Control
Mr Belchin Sirakov
Bulgarian · United Kingdom · Age 46
106, Manton Road, Enfield, EN3 6XZ
Notified 21/07/2025
CompanyRankvs 11585+ SIC 90020 peers30
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2025
Net Worth
-£21k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£20k
Working capital
Current Assets
£10k
Current Liabilities
£30k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.34 | -£9k |
| 2024 | 0.83 | +£2k |
| 2023 | 0.94 | — |
Derived from filed accounts. Not audited figures.