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Joe'S Drumsticks Ltd

12049432

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

24 HILLS VIEW, BARNSTAPLE, EX32 8BL
Incorporated 13/06/2019

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 12/06/2025

Due 26/06/2026

On track

Industry

43310
Plastering
47591
Retail sale of musical instruments and scores
47710
Retail sale of clothing in specialised stores
59200
Sound recording and music publishing activities

Officers

Mr Joseph William Brewer

director · Since 13/06/2019

PRODUCER

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Joseph William Brewer

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

British · England · Age 40

24, Hills View, Barnstaple, EX32 8BL

Notified 13/06/2019

CompanyRankvs 3889+ SIC 43310 peers
48

Financial strength11th percentile among SIC peers · 3/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.95× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£3k

Current Liabilities

£900

Fixed Assets

£684

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.95+£0
20252.95+£672
20240.94-£1k
20234.19+£382
20224.32+£173
20210.73-£463
20201.46

Derived from filed accounts. Not audited figures.