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Futuresonic Records Ltd

14301413

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)
  • Current liabilities exceed current assets (-10)

Details

4TH FLOOR, LONDON, EC2V 7AB
Incorporated 17/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90010
Performing arts
90020
Support activities to performing arts
90030
Artistic creation

Officers

Mr Kavin Singh Sandhu

director · Since 17/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 4 other boards

Mr Graham Leslie Wood

director · Since 06/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Kavin Singh Sandhu

25–50% shares
25–50% votes

British · United Kingdom · Age 47

4th Floor, 95 Gresham Street, London, EC2V 7AB

Notified 17/08/2022

Mr Graham Leslie Wood

25–50% shares
25–50% votes

British · United Kingdom · Age 59

4th Floor, 95 Gresham Street, London, EC2V 7AB

Notified 04/09/2023

CompanyRankvs 13095+ SIC 90010 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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 31/03/2025

Net Worth

-£447k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£447k

Working capital

Current Assets

£20k

Current Liabilities

£467k

Debtors

£7k

2avg. employees

Balance Sheet

Assets less current liabilities-£447k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£197k
20240.05-£212k
20230.35

Derived from filed accounts. Not audited figures.