Tunes Festivals Ltd
15791427
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/06/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 36
Also on 1 other board
Persons with Significant Control
Mr Thomas Job
British · United Kingdom · Age 36
4, The Dunes, Perranporth, TR6 0FJ
Notified 20/06/2024
CompanyRankvs 12935+ SIC 93290 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
-£1k
Balance sheet strength
Cash
£283k
Cash in the bank
Net Current Assets
-£1k
Working capital
Current Assets
£552k
Current Liabilities
£553k
Debtors
£269k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.00 |
Derived from filed accounts. Not audited figures.