Back to search

Black Obsidian Sound System C.I.C.

12496796

active
Community Interest Company
Companies House
Health Score
100 / 100

Healthy

30/30
Filing
30/30
Financial
40/40
Risk

No risk factors detected.

Details

GILLIAN HOUSE STEPHENSON STREET, LONDON, E16 4SA
Incorporated 04/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities
90010
Performing arts
90020
Support activities to performing arts
90030
Artistic creation

Officers

Evan Ifekoya

director · Since 04/03/2020

ARTIST, LECTURER

BRITISH · ENGLAND · Age 38

Mr Marcus Marlon Macdonald

director · Since 10/05/2022

TOUR MANAGER

BRITISH · ENGLAND · Age 40

Also on 5 other boards

CompanyRankvs 4885+ SIC 59200 peers
59

Financial strength77th percentile among SIC peers · 19/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength19/25 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.

Liquidity16/20 pts

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

Longevity6/15 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 31/03/2025

Turnover

£28k

Annual revenue

Net Worth

£13k

Balance sheet strength

Cash

£30k

Cash in the bank

Profit Before Tax

£3k

Bottom line earnings

Net Current Assets

£13k

Working capital

Current Assets

£34k

Current Liabilities

£21k

Debtors

£4k

Cost of Sales

£1k

Gross Profit

£28k

Admin Expenses

£25k

Operating Profit

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.61+£3k
20241.47+£2k
20231.69+£4k
20221.34

Derived from filed accounts. Not audited figures.