Swell Music Cic
12789454
Healthy
- Negative net worth (-10)
- Loss before tax (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 02/08/2025
Due 16/08/2026
Industry
Officers
director · Since 16/09/2020
COMPANY DIRECTOR
AUSTRALIAN · ENGLAND · Age 66
Also on 2 other boards
Former
director · Resigned 01/12/2025
director · Resigned 10/02/2026
Persons with Significant Control
Former PSCs
Mr Des Damian Charles Reynolds
Ceased 01/08/2023
Ms Helen Hayes
Ceased 01/08/2023
Change History
Active
Community Interest Company
19 CHURCH ROAD
BECCLES
CompanyRankvs 10159+ SIC 90010 peers40
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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 31/08/2025
Turnover
£29k
Annual revenue
Net Worth
£0
Balance sheet strength
Cash
£18k
Cash in the bank
Profit Before Tax
-£36k
Bottom line earnings
Net Current Assets
£0
Working capital
Current Assets
£18k
Current Liabilities
£18k
Cost of Sales
£66k
Gross Profit
-£36k
Operating Profit
-£36k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.00 |
| 2024 | 2.51 |
| 2023 | Infinity |
Derived from filed accounts. Not audited figures.