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Distraction Recordings Limited

15475680

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

50 LIVERPOOL STREET, LONDON, EC2M 7PY
Incorporated 09/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Iain Alastair Watt

director · Since 09/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr Iain Alastair Watt

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

British · England · Age 55

50, Liverpool Street, London, EC2M 7PY

Notified 09/02/2024

CompanyRankvs 2990+ SIC 59200 peers
65

Financial strength82th percentile among SIC peers · 21/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.18× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 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.

Longevity2/15 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 28/02/2025

Net Worth

£25k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£46k

Current Liabilities

£21k

Debtors

£26k

1avg. employees

Tax at Year End

Corp tax£6k

Balance Sheet

Assets less current liabilities£25k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20252.18

Derived from filed accounts. Not audited figures.