Folkestone Music Town Cic
14757592
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/03/2023
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 54
director · Since 25/03/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 2 other boards
director · Since 25/03/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
CompanyRankvs 14025+ SIC 59200 peers26
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2024
Turnover
£2k
Annual revenue
Net Worth
£0
Balance sheet strength
Cash
£13k
Cash in the bank
Profit Before Tax
£0
Bottom line earnings
Net Current Assets
£13k
Working capital
Current Assets
£13k
Current Liabilities
—
Fixed Assets
£0
Debtors
£0
Cost of Sales
£0
Gross Profit
£2k
Admin Expenses
£2k
Operating Profit
£0
Balance Sheet