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Sonic Funding Capital 1 Limited

15598587

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

4 CHESTER COURT, BASILDON, SS14 3WR
Incorporated 27/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies

Officers

Mr Andrew Porter Smith

director · Since 27/03/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 71

Also on 3 other boards

Mr Pablo Fraga

director · Since 11/09/2024

DIRECTOR

SPANISH · UNITED KINGDOM · Age 55

Also on 8 other boards

Mr Eammon Mcinerney

director · Since 11/09/2024

DIRECTOR

IRISH · IRELAND · Age 45

Mr Patrick Vance

director · Since 11/09/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 47

Mr Clinton White

director · Since 11/09/2024

DIRECTOR

NEW ZEALANDER · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Phoenix Funding Partners Limited

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

4, Chester Court, Benfleet, SS14 3WR

Reg: 14931030 · Companies House · Limited Company

Notified 27/03/2024

CompanyRankvs 1844+ SIC 64303 peers
41

Financial strength16th percentile among SIC peers · 4/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1× · 6/20
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 strength4/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2024

Net Worth

-£489

Balance sheet strength

Cash

£955

Cash in the bank

Net Current Assets

-£489

Working capital

Current Assets

£3.1M

Current Liabilities

£3.1M

Debtors

£3.1M

5avg. employees

Balance Sheet

Assets less current liabilities-£489
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20241.00

Derived from filed accounts. Not audited figures.