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Double Down Music Ltd

14890060

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 SANDBOURNE ROAD, LONDON, SE4 2NP
Incorporated 24/05/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Stephen Alexander Roberts

director · Since 24/05/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Persons with Significant Control

Mr Stephen Alexander Roberts

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

British · England · Age 48

3, Sandbourne Road, London, SE4 2NP

Notified 24/05/2023

CompanyRankvs 215630+ SIC 70229 peers
57

Financial strength90th percentile among SIC peers · 23/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.04× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity20/20 pts

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

Longevity3/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/05/2025

Net Worth

£130k

Balance sheet strength

Cash

£184k

Cash in the bank

Net Current Assets

£128k

Working capital

Current Assets

£190k

Current Liabilities

£63k

Fixed Assets

£2k

Debtors

£4k

1avg. employees

Balance Sheet

Assets less current liabilities£130k
Signed by Mr S Roberts,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.04+£0
20253.04
20241.96

Derived from filed accounts. Not audited figures.