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Record One Ltd

13132175

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

10 Y SGWAR, DINAS POWYS, CF64 4YR
Incorporated 13/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
74909
Other professional, scientific and technical activities
90020
Support activities to performing arts
95210
Repair of consumer electronics

Officers

Mr Andrew Cole

secretary · Since 13/01/2021

Also on 1 other board

Mr Andrew Cole

director · Since 13/01/2021

SOUND TECHNICIAN

WELSH · WALES · Age 37

Also on 1 other board

Mr Elliott Paffey

director · Since 13/01/2021

SOUND TECHNICIAN

WELSH · UNITED KINGDOM · Age 34

Persons with Significant Control

Mr Elliott Leslie Paffey

50–75% shares
50–75% votes
voting-rights-50-to-75-percent-as-firm
Appoint directors

Welsh · Wales · Age 34

10 Y Sgwar, Heol Yr Orsaf, Dinas Powys, CF64 4YR

Notified 13/01/2021

Mr Andrew Cole

25–50% shares
25–50% votes

Welsh · Wales · Age 37

10 Y Sgwar, Heol Yr Orsaf, Dinas Powys, CF64 4YR

Notified 13/01/2021

CompanyRankvs 42241+ SIC 41100 peers
38

Financial strength18th percentile among SIC peers · 5/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees10/15 pts

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

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£953

Working capital

Current Assets

£4k

Current Liabilities

£3k

Fixed Assets

£16k

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£17k
Signed by Mr Andrew Cole 23/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.35+£519
20240.18-£748
20230.12

Derived from filed accounts. Not audited figures.