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Second Line Records Ltd

15883679

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

2ND FLOOR COLLEGE HOUSE, RUISLIP,, HA4 7AE
Incorporated 07/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47610
Retail sale of books in specialised stores
47630
Retail sale of music and video recordings in specialised stores
47789
Other retail sale of new goods in specialised stores

Officers

Mr Alan Alexander Bonnyman

director · Since 07/08/2024

COMPANY DIRECTOR

SCOTTISH · UNITED KINGDOM · Age 50

Also on 4 other boards

Mrs Carolyn Claire Bonnyman

director · Since 07/08/2024

MARKETING CONSULTANT

SCOTTISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mrs Carolyn Claire Bonnyman

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

Scottish · United Kingdom · Age 50

41, 0/1, Westbourne Gardens, Glasgow, G12 9PF

Notified 07/08/2024

Mr Alan Alexander Bonnyman

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

Scottish · United Kingdom · Age 50

2nd Floor, College House, 17 King Edwards Road, London, HA4 7AE

Notified 07/08/2024

CompanyRankvs 1497+ SIC 47610 peers
31

Financial strength7th percentile among SIC peers · 2/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.56× · 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 strength2/25 pts

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

Employees6/15 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 31/08/2025

Net Worth

-£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£89k

Working capital

Current Assets

£112k

Current Liabilities

£201k

Fixed Assets

£59k

1avg. employees

Balance Sheet

Assets less current liabilities-£31k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent Ratio
20250.56

Derived from filed accounts. Not audited figures.