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Fossil Films Limited

11730219

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

3RD FLOOR, LONDON, E1 6GL
Incorporated 17/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59111
Motion picture production activities

Officers

Mr Iain Alexander Canning

director · Since 17/12/2018

FILM PRODUCER

BRITISH · UNITED KINGDOM · Age 46

Also on 36 other boards

Emile Paul Sherman

director · Since 17/12/2018

FILM PRODUCER

AUSTRALIAN · AUSTRALIA · Age 54

Also on 5 other boards

Persons with Significant Control

See-Saw Films Limited

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

3rd Floor, 45 Folgate Street, London, E1 6GL

Reg: 08043409 · Companies House · Limited By Shares

Notified 17/12/2018

Charges2 outstanding

Charge
outstanding

BRITISH BROADCASTING CORPORATION

Created 01/03/2019Registered 13/03/2019
Charge
satisfied

COUTTS & COMPANY

Created 01/03/2019Registered 08/03/2019Satisfied 25/10/2024
Charge
satisfied

FILM FINANCES, INC

Created 01/03/2019Registered 08/03/2019Satisfied 25/10/2024
Charge
outstanding

THE BRITISH FILM INSTITUTE

Created 08/02/2019Registered 11/02/2019

CompanyRankvs 6238+ SIC 59111 peers
32

Financial strength24th percentile among SIC peers · 6/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength6/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 30/06/2021

Turnover

£2.3M

Annual revenue

Net Worth

£1

Balance sheet strength

Cash

£675k

Cash in the bank

Profit Before Tax

-£132k

Bottom line earnings

Net Current Assets

£89k

Working capital

Current Assets

£822k

Current Liabilities

£733k

Debtors

£147k

Cost of Sales

£2.3M

Gross Profit

£5k

Admin Expenses

£137k

Profit After Tax

-£124k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20211.12

Derived from filed accounts. Not audited figures.