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Altius Sounds Ltd

15630708

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)
  • Going concern doubt noted in accounts (-10)

Details

24 PICTON HOUSE, WATERLOOVILLE, PO7 7SQ
Incorporated 09/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47630
Retail sale of music and video recordings in specialised stores
59200
Sound recording and music publishing activities

Officers

Mr Carl George Dawson

director · Since 09/04/2024

COMPANY DIRECTOR

BRITISH · SPAIN · Age 36

Also on 3 other boards

Mr Benjamin William Tanner

director · Since 09/04/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 27

Persons with Significant Control

Mr Carl George Dawson

25–50% shares
25–50% votes
Appoint directors

British · Spain · Age 36

38, Selsey Avenue, Gosport, PO12 4DL

Notified 09/04/2024

Mr Benjamin William Tanner

25–50% shares
25–50% votes
Appoint directors

British · England · Age 27

24 Picton House, Hussar Court, Waterlooville, PO7 7SQ

Notified 09/04/2024

CompanyRankvs 839+ SIC 47630 peers
14

Financial strength19th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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839Altius Sounds Ltd
24
How is this score calculated?
Financial strength5/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/04/2025

Net Worth

-£4k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£2k

Current Liabilities

£6k

Debtors

£110

Balance Sheet

Assets less current liabilities-£4k
Signed by Mr C G Dawson 24 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.32

Derived from filed accounts. Not audited figures.