Soundtrap Limited
14915402
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 21/08/2025
Due 04/09/2026
Industry
Officers
Persons with Significant Control
Soundtrap Ab
Katarinavagen, 15, Stockholm, 116 45
Reg: 559434-9044 · Bolagsverket: Swedish Companies Registration Office · Swedish Limited Liability Company
Notified 30/06/2023
Former PSCs
Spotify Limited
Ceased 30/06/2023
CompanyRankvs 36510+ SIC 62011 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.
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
ions indicate the existence of a material uncertainty which may cast significant doubt on the company’s ability to continue as a going concern. The company relies on its parent for sales revenues and for providing adequate resources to continue in operational existence. The directors have been assured that this support will continue. The di
Key FinancialsYear ending 31/12/2024
Net Worth
-£111k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£111k
Working capital
Current Assets
£40k
Current Liabilities
£152k
Debtors
£23k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.27 | -£99k | £80k |
| 2023 | 0.87 | — | — |
Derived from filed accounts. Not audited figures.