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Folktone Productions Cic

15772000

active
Community Interest 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

5 YARD 12 WILDMAN STREET, KENDAL, LA9 6EN
Incorporated 11/06/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85520
Cultural education
85590
Other education
90010
Performing arts
90020
Support activities to performing arts

Officers

Mr Tamas Ferencz

director · Since 11/06/2024

MUSICIAN

HUNGARIAN · ENGLAND · Age 44

Mr Bence Vorosmarty

director · Since 17/07/2024

SOFTWARE ENGINEER

HUNGARIAN · HUNGARY · Age 36

Adam Romer

director · Since 18/03/2025

MUSICIAN

HUNGARIAN · ENGLAND · Age 50

Persons with Significant Control

Mr Tamas Ferencz

75–100% votes
Appoint directors

Hungarian · England · Age 44

5, Yard 12 Wildman Street, Kendal, LA9 6EN

Notified 11/06/2024

CompanyRankvs 5505+ SIC 85520 peers
32

Financial strength22th percentile among SIC peers · 6/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.82× · 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 strength6/25 pts

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

Employees3/15 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 30/06/2025

Net Worth

-£8

Balance sheet strength

Cash

£37

Cash in the bank

Net Current Assets

-£8

Working capital

Current Assets

£37

Current Liabilities

£45

0avg. employees

Balance Sheet

Assets less current liabilities-£8
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.82

Derived from filed accounts. Not audited figures.