DECADANCE RADIO LTD
Company number 12489728 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Decadance Radio Ltd exhibits a weak financial position with persistent net liabilities and negative working capital, raising significant concerns over its ability to meet debt obligations. Despite improved cash balances, the company remains loss-making without clear signs of operational cash flow improvements, making credit approval unfavorable at this stage. Close monitoring of cash flows, creditor management, and management initiatives is recommended before reconsidering credit facilities.
Shareholders' funds
-£44,293
Balance sheet as at 2024-02-29
Overview
- Company type
- Private Limited Company
- Incorporated
- 2020-02-28
- Registered office
- 151b Bury New Road, Whitefield, Manchester, Greater Manchester, United Kingdom, M45 6AA
- Postcode
- M45 6AA
- Capital
- 100 GBP
- Accounts category
- Unaudited Abridged
Accounts
- Last made up to
- 2024-02-29
- Next due by
- 2025-11-30 Overdue
- Financial year end
- 29 February
Confirmation statement
- Last statement dated
- 2025-02-23
- Next due by
- 2026-03-09 Overdue
Nature of business (SIC)
- 60100 Radio broadcasting
Officers 2 current · 1 resigned
The class of 2020
35%
of the 387 companies in this sector incorporated in 2020 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.