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Groove Bound Songs Limited

15896072

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

208 CLOCK HOUSE ROAD, BECKENHAM, BR3 4LB
Incorporated 14/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Jonathan Brian Tester

director · Since 14/08/2024

PUBLISHER

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mr Jonathan Brian Tester

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

British · England · Age 50

208, Clock House Road, Beckenham, BR3 4LB

Notified 14/08/2024

CompanyRankvs 15212+ SIC 59200 peers
27

Financial strength17th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.93× · 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.

Employees0/15 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

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£29k

Current Liabilities

£31k

Balance Sheet

Assets less current liabilities-£2k
Signed by J B Tester 12 May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.93

Derived from filed accounts. Not audited figures.