Flexout Music Limited
11873558
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/03/2019
FOUNDER / LABEL MANAGER
ENGLISH · UNITED KINGDOM · Age 38
Persons with Significant Control
Mr Thomas Keith Bassi
English · United Kingdom · Age 38
The Studio Cottage, 2 Common Road, Sissinghurst, TN17 2JR
Notified 11/03/2019
Mr Marcel Boessendoerfer
German · Germany · Age 38
The Studio Cottage, 2 Common Road, Sissinghurst, TN17 2JR
Notified 19/10/2023
Former PSCs
Mr Andrew James Tweedale
Ceased 21/06/2022
CompanyRankvs 11171+ SIC 59200 peers33
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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
-£16k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£16k
Working capital
Current Assets
£2k
Current Liabilities
£19k
Debtors
£1k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.13 | -£21k |
| 2024 | 3.96 | — |
| 2023 | 1.04 | — |
Derived from filed accounts. Not audited figures.