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Panacea Radio Limited

13321512

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

NEW MEDIA CENTRE, WARRINGTON, WA4 1AT
Incorporated 08/04/2021

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 01/04/2025

Due 15/04/2026

Overdue

Industry

60100
Radio broadcasting

Officers

Mr Michael Thomas Mason

director · Since 08/04/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 6 other boards

Persons with Significant Control

Mr Michael Thomas Mason

25–50% shares
25–50% votes
Appoint directors

British · England · Age 51

New Media Centre, Old Road, Warrington, WA4 1AT

Notified 08/04/2021

Mr Robert Ian Lees

25–50% shares
25–50% votes
Appoint directors

British · England · Age 39

New Media Centre, Old Road, Warrington, WA4 1AT

Notified 08/04/2021

CompanyRankvs 1796+ SIC 60100 peers
23

Financial strength4th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

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

Longevity5/15 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 30/04/2025

Net Worth

-£62k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£2k

Current Liabilities

£69k

Fixed Assets

£5k

Director Loans

Company owes directors£59k

Balance Sheet

Intangible assets£5k
Assets less current liabilities-£62k
Signed by Mr Michael Mason 11/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03-£23k
20240.20-£24k
20230.00-£6k
20220.02

Derived from filed accounts. Not audited figures.