Honest Records Limited
11240196
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/03/2018
MUSIC PRODUCER & SONGWRITER
BRITISH · UNITED KINGDOM · Age 36
director · Since 03/11/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 13 other boards
Persons with Significant Control
Joe Garrett
British · United Kingdom · Age 36
27 Hanson Street, London, W1W 6TR
Notified 07/03/2018
CompanyRankvs 78100+ SIC 96090 peers37
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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 31/03/2025
Net Worth
-£90k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£82k
Working capital
Current Assets
£79
Current Liabilities
£82k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£343 |
| 2024 | -0.00 | -£1k |
| 2023 | 0.01 | +£7k |
| 2022 | 0.00 | -£4k |
| 2021 | 0.05 | -£68k |
| 2020 | 0.16 | +£5k |
| 2019 | 0.09 | — |
Derived from filed accounts. Not audited figures.