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Underland Ltd

11693745

active
Private Limited Company
wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

INTERNATIONAL HOUSE, CARDIFF, CF10 2HE
Incorporated 23/11/2018

Compliance

Last accounts

30/11/2023

total exemption full

Next accounts due

31/08/2025

Overdue

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

59113
Television programme production activities
59200
Sound recording and music publishing activities
74203
Film processing
90020
Support activities to performing arts

Officers

Mr Morgan Rhys Thomas

director · Since 23/11/2018

CREATIVE DIRECTOR

BRITISH · WALES · Age 39

Also on 1 other board

Mr Gareth Thomas

secretary · Since 01/06/2020

Persons with Significant Control

Mr Morgan Rhys Thomas

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 39

International House, 10 Churchill Way, Cardiff, CF10 2HE

Notified 23/11/2018

Charges0 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 24/09/2021Registered 27/09/2021Satisfied 03/08/2023
Charge
satisfied

DBW INVESTMENTS (10) LIMITED

Created 17/12/2020Registered 21/12/2020Satisfied 03/08/2023

CompanyRankvs 6093+ SIC 59113 peers
55

Financial strength95th percentile among SIC peers · 24/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.99× · 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 strength24/25 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.

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 30/11/2023

Net Worth

£265k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£35k

Working capital

Current Assets

£4.0M

Current Liabilities

£4.0M

Fixed Assets

£340k

0avg. employees

Balance Sheet

Assets less current liabilities£305k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.99-£379k
202234.57+£261k
20218.04+£421k
20202.55
20191.00

Derived from filed accounts. Not audited figures.