Back to search

Running Circle Records Ltd

12879526

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

64 LEES HILL STREET, NOTTINGHAM, NG2 4JT
Incorporated 14/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Guohan Zeng

director · Since 14/09/2020

SELF EMPLOYED

CHINESE · ENGLAND · Age 35

Also on 1 other board

Mr Thomas Samuel Towle

director · Since 14/09/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr Thomas Samuel Towle

50–75% votes
Appoint directors

British · England · Age 33

64, Lees Hill Street, Nottingham, NG2 4JT

Notified 14/09/2020

Mr Guohan Zeng

25–50% votes
Appoint directors

Chinese · England · Age 35

Flat 28 The Cigar Factory, 158 Derby Road, Nottingham, NG7 1LR

Notified 14/09/2020

CompanyRankvs 9119+ SIC 59200 peers
44

Financial strength21th percentile among SIC peers · 5/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Woolfsongs Limited
90
2Robobuild Limited
90
3The Jungle Group Limited
90
4Ignition Music Limited
90
5International Live Music Conference Limited
90
6Factory Studios Limited
90
7Voice Squad Ltd
90
8Sons Of Einion Limited
90
9Anglo Management Music Ltd
90
10Reliable Source Music Limited
90
9119Running Circle Records Ltd
39
How is this score calculated?
Financial strength5/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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 30/09/2024

Net Worth

-£37

Balance sheet strength

Cash

£523

Cash in the bank

Net Current Assets

-£37

Working capital

Current Assets

£523

Current Liabilities

£560

2avg. employees

Balance Sheet

Assets less current liabilities-£37
Signed by Mr T S Towle 29 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.93
20230.10

Derived from filed accounts. Not audited figures.