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Songtradr Ltd

11158092

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

QUBE ELEPHANT, LONDON, SE17 1HS
Incorporated 18/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr. Paul Lancaster Wiltshire

director · Since 10/07/2018

DIRECTOR

AMERICAN · UNITED STATES · Age 55

Also on 7 other boards

Persons with Significant Control

Former PSCs

Mr Jonathan Charles Hansen Dilks

Ceased 10/07/2018

CompanyRankvs 4067+ SIC 59200 peers
59

Financial strength75th percentile among SIC peers · 19/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees15/15 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.

Longevity8/15 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 31/12/2023

Net Worth

£10k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£17.2M

Working capital

Current Assets

£7.5M

Current Liabilities

£24.8M

Fixed Assets

£6.2M

Debtors

£7.5M

30avg. employees-10

Balance Sheet

Intangible assets£6.2M
Assets less current liabilities-£11.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.30+£0
20220.10+£0
20210.10+£0
20200.25+£635k
20190.04-£485k
20180.09

Derived from filed accounts. Not audited figures.