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The Sesh Festivals Limited

11553083

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

116 DUKE STREET, LIVERPOOL, L1 5JW
Incorporated 05/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Ryan Dene Welch

director · Since 05/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 3 other boards

Persons with Significant Control

Mr Ryan Dene Welch

25–50% shares
25–50% votes

British · United Kingdom · Age 31

Unit 5 Evolution House, Lakeside Business Village, Ewloe, CH5 3XP

Notified 05/09/2018

Mr Sam Follett

25–50% shares
25–50% votes

British · England · Age 34

C/O Dsg Chartered Accountants, Unit 5 Evolution House, Ewloe, CH5 3XP

Notified 14/04/2022

CompanyRankvs 112503+ SIC 82990 peers
35

Financial strength15th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.72× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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112503The Sesh Festivals Limited
40
How is this score calculated?
Financial strength4/25 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.

Liquidity16/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Despite the losses there is no significant doubt upon the entity’s ability to continue as a going concern due to the continued support from the director. Significant judgements and estimates There are no judgements (apart from those involving estimates) that have had a significant effect on

Key FinancialsYear ending 30/09/2024

Net Worth

-£1k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£13k

Current Liabilities

£8k

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.72—
20232.56—
20223.59-£589
20214.65—
20206.70—
20191.00—

Derived from filed accounts. Not audited figures.