Company Overview
Sonance Limited is a Dissolved Private Limited Company.
Registered Address

Nicholas House, River Front, Enfield, Middlesex, EN1 3FG
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Companies House Data
Company NameSONANCE LIMITED
Company Number10005258
Registered Office AddressNicholas House
 River Front
 EN1 3FG
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date15/02/2016
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2023
Accounts Last Made Up Date31/05/2021
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date15/03/2017
Previous Company NameChanged Date
WIDE AREA VOICE LIMITED08 Jun 2020
Directors & Members
Andrew Wodhams - Director
(British, 69 years old, born May 1957)
Appointed 15 February 2016
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-May-2021 31-May-2020 31-May-2019
Balance Sheet
Fixed Assets 563 1,039 1,257
Current Assets 3,174 13,720 29,412
Creditors Due Within One Year 12,817 7,054 13,270
Working Cap -9,643 6,666 16,142
Total Assets Less Current Liabilities -9,080 7,705 17,399
Long-term Liabilities 0 0 0
Net Assets -9,080 7,705 17,399
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -9,080 7,705 17,399
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2020 31-May-2019
Tangible Fixed Assets - - -
Fixed Assets 15.1% 7.0% 4.1%
Stocks Inventory - - -
Debtors 0.0% 63.0% 95.0%
Cash Bank In Hand 84.9% 30.0% 0.9%
Current Assets 84.9% 93.0% 95.9%
Creditors Due Within One Year 343.0% 47.8% 43.3%
Net Current Assets Liabilities -258.0% 45.2% 52.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -243.0% 52.2% 56.7%
Capital Employed - - -
Total Assets Less Current Liabilities -243.0% 52.2% 56.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2020 31-May-2019
Liquidity Ratio 0.2 1.9 2.2
Solvency Ratio 0.3 2.1 2.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2020 31-May-2019
Assets 3,737 14,759 30,669
Debt 12,817 7,054 13,270
Net Assets/Debt -9,080 7,705 17,399
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved via compulsory strike-off
First Gazette notice for compulsory strike-off
Confirmation statement made on 14 February 2023 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 14 February 2022 with no updates
Cessation of Andrew Wodhams as a person with significant control on 23 September 2020
Confirmation statement made on 14 February 2021 with updates
Notification of Speakerbus Group Plc as a person with significant control on 23 September 2020
Previous accounting period shortened from 28 February 2021 to 31 May 2020
Resolutions
Confirmation statement made on 14 February 2020 with no updates
Confirmation statement made on 14 February 2019 with updates
Confirmation statement made on 14 February 2018 with updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 14 February 2017 with updates
First Gazette notice for compulsory strike-off
Incorporation

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