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Trait Sound Ltd

11312626

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

5 HANCOCK ROAD, LONDON, E3 3DA
Incorporated 16/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Thomas Field

director · Since 16/04/2018

MUSICIAN

BRITISH · UNITED KINGDOM · Age 35

Mr Benson Herbert

director · Since 16/04/2018

MUSICAN

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Mr Thomas Field

25–50% shares
25–50% votes

British · United Kingdom · Age 35

Basement, 24 Hanway Street, London, W1T 1UH

Notified 16/04/2018

Mr Benson Herbert

25–50% shares
25–50% votes

British · United Kingdom · Age 35

Basement, 24 Hanway Street, London, W1T 1UH

Notified 16/04/2018

CompanyRankvs 8992+ SIC 59200 peers
43

Financial strength8th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.82× · 6/20
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 strength2/25 pts

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

Employees12/15 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.

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 30/04/2025

Net Worth

-£18k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£85k

Current Liabilities

£104k

Fixed Assets

£989

Debtors

£69k

2avg. employees

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities-£18k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82+£29k
20240.48-£57k
20231.31—

Derived from filed accounts. Not audited figures.