FOLK COMMERCE LIMITED
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Next accounts due
2026-03-24
Overdue
Confirmation statement due
2026-08-04 (in 3mo)
Last made up 2025-07-21
Watchouts
Cash
£48K
Latest balance sheet
Net assets
-£185K
Equity attributable
Employees
2
Average over period
Profit before tax
-£195K
Period ending 2023-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-24.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2023-12-31
| Metric | Trend | 2022-07-21 | 2023-12-31 |
|---|---|---|---|
| Turnover | — | £985,098 | |
| Operating profit | — | -£195,386 | |
| Profit before tax | — | -£195,338 | |
| Net profit | — | -£184,877 | |
| Cash | — | £47,837 | |
| Total assets less current liabilities | — | -£184,876 | |
| Net assets | — | -£184,876 | |
| Equity | — | -£184,876 | |
| Average employees | 0 | 2 | |
| Wages | — | £213,526 | |
| Directors' remuneration | — | £120,186 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-07-21
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-07-21 | 2023-12-31 |
|---|---|---|---|
| Operating margin | — | -19.8% | |
| Net margin | — | -18.8% | |
| Return on capital employed | — | 105.7% | |
| Current ratio | — | 0.38x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- FOLK COMMERCE LIMITED 2022-08-01 → present
- FOLK COLLECTIVE LIMITED 2022-07-22 → 2022-08-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the directors have prepared the financial statements on the going concern basis, notwithstanding the fact that the company has a deficiency on total equity at the end of the year, having assessed that the Group and the company has a reasonable expectation of continuing to settle liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements.”
Group structure
- FOLK COMMERCE LIMITED · parent
- —
Significant events
- “This is the first period since incorporation on 22 July 2022 and therefore there are no comparative figures to present.”
- “The company's assets have been secured against bank borrowings of a group undertaking. The company is a cross guarantor for borrowings of a group undertaking. The balance at the period end was $55,000,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARRISON, Frankie | Director | 2023-12-30 | Nov 1982 | British |
| KURTZKE, Christian, Dr | Director | 2022-07-22 | Apr 1969 | German |
| RABIN, Rachel | Director | 2023-12-30 | Sep 1985 | British |
| TOGETHER GROUP STUDIOS LIMITED | Corporate Director | 2023-12-30 | — | — |
| TOGETHER GROUP VENTURES & PROJECTS LIMITED | Corporate Director | 2023-12-30 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Together Group Studios Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-22 | Active |
Filing timeline
Last 20 of 27 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-24 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-10-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-08-15 | CH02 | officers | Change corporate director company with change date | |
| 2025-08-15 | CH02 | officers | Change corporate director company with change date | |
| 2025-08-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-05 | CH01 | officers | Change person director company with change date | |
| 2024-10-31 | AA | accounts | Accounts with accounts type full | |
| 2024-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-03 | AP02 | officers | Appoint corporate director company with name date | |
| 2024-01-03 | AP02 | officers | Appoint corporate director company with name date | |
| 2024-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-27 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-07-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-06-12 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.