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Peermusic (U K) Limited

00270228

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

GREYHOUND HOUSE, RICHMOND UPON THAMES, TW9 1HY
Incorporated 14/11/1932

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/09/2025

Due 08/10/2026

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr Nigel Robert Elderton

director · Since 22/09/2016

MUSIC PUBLISHER

BRITISH · UNITED KINGDOM · Age 69

Also on 19 other boards

Mrs Elizabeth Wilson Peer

director · Since 22/09/2016

COMPANY PRESIDENT

AMERICAN · UNITED STATES · Age 80

Also on 2 other boards

Mr Ralph Iversen Peer

director · Since 22/09/2016

COMPANY PRESIDENT

AMERICAN · UNITED STATES · Age 81

Also on 10 other boards

Mr Paul Anthony Flynn

secretary · Since 01/09/2019

Mrs Mary Megan Peer

director · Since 01/12/2020

NONE

AMERICAN · NETHERLANDS · Age 48

Ralph Wilson Peer

director · Since 01/04/2024

MUSIC PUBLISHER

AMERICAN · UNITED KINGDOM · Age 39

Also on 4 other boards

Persons with Significant Control

Mr Ralph Ivesen Peer

Significant control

American · United States · Age 81

Greyhound House, 23/24 George Street, Richmond Upon Thames, TW9 1HY

Notified 06/04/2016

Former PSCs

Mr Mark Andrews

Ceased 21/09/2016

Charges1 outstanding

charge
outstanding

STARGAS NOMINEES LIMITED

Created 22/02/2008Registered 01/03/2008
charge
satisfied

COUTTS & COMPANY

Created 15/07/2002Registered 18/07/2002Satisfied 29/05/2024
charge
satisfied

COUTTS & COMPANY

Created 15/07/2002Registered 18/07/2002Satisfied 29/05/2024
charge
satisfied

LLOYDS BANK PLC

Created 14/09/1992Registered 22/09/1992Satisfied 15/12/1998
charge
satisfied

LLOYDS BANK PLC

Created 29/10/1981Registered 03/11/1981Satisfied 15/07/1999

CompanyRankvs 1730+ SIC 59200 peers
55

Financial strength96th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2024

Net Worth

£326k

Balance sheet strength

Cash

£10.3M

Cash in the bank

Net Current Assets

-£3.8M

Working capital

Current Assets

£15.6M

Current Liabilities

£19.4M

Fixed Assets

£4.1M

Debtors

£5.4M

Profit After Tax

£752k

14avg. employees

Tax at Year End

Corp tax£3k

People Costs(2023)

Wages & salaries£776k
NI contributions£167k

Balance Sheet

Intangible assets£140k
Assets less current liabilities£326k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80+£1.9M
20230.81

Derived from filed accounts. Not audited figures.