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Viva Violins Limited

13654042

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

OFFICE 8, THE BARNS FARM ROAD, BIDEFORD, EX39 3BT
Incorporated 30/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32200
Manufacture of musical instruments
33190
Repair of other equipment

Officers

Mrs Rebecca Louise Houghton

director · Since 30/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mrs Rebecca Louise Houghton

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 54

15, Church Lake, Barnstaple, EX32 0JS

Notified 30/09/2021

CompanyRankvs 320+ SIC 32200 peers
35

Financial strength10th percentile among SIC peers · 3/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.7× · 6/20
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 strength3/25 pts

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

Employees6/15 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.

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 31/12/2024

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£72k

Current Liabilities

£104k

Fixed Assets

£21k

1avg. employees

Balance Sheet

Assets less current liabilities-£10k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70-£4k
20230.68

Derived from filed accounts. Not audited figures.