Good Sound Ltd
12310578
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 12/11/2019
director · Since 12/11/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 1 other board
Persons with Significant Control
Mr Gary Milton Mason
British · United Kingdom · Age 62
71-75 Shelton Street, Covent Garden, London, WC2H 9JQ
Notified 12/11/2019
CompanyRankvs 20822+ SIC 43290 peers37
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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 30/11/2024
Net Worth
-£147k
Balance sheet strength
Cash
£10
Cash in the bank
Net Current Assets
-£114k
Working capital
Current Assets
£33k
Current Liabilities
£147k
Debtors
£33k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.22 | -£61k |
| 2023 | 0.74 | +£8k |
| 2022 | 0.43 | -£71 |
| 2021 | 0.35 | -£47k |
| 2020 | 0.91 | — |
Derived from filed accounts. Not audited figures.