Back to search

Professional Idiot Records Ltd

14104714

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

64 MOUNT PLEASANT ROAD, CHIGWELL, IG7 5ER
Incorporated 13/05/2022

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 12/05/2025

Due 26/05/2026

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr Steve Ansher

director · Since 13/05/2022

MUSIC PRODUCER

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Hugh Alasdair Unsworth

director · Since 13/05/2022

MUSIC PRODUCER

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Steve Ansher

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 60

64, Mount Pleasant Road, Chigwell, IG7 5ER

Notified 13/05/2022

CompanyRankvs 11290+ SIC 59200 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength0/25 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.

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.

Longevity4/15 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 31/05/2025

Net Worth

-£218k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£267k

Working capital

Current Assets

£2k

Current Liabilities

£269k

Fixed Assets

£49k

Debtors

£965

2avg. employees+2

Balance Sheet

Assets less current liabilities-£218k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£98k
20240.02-£34k
20230.03

Derived from filed accounts. Not audited figures.