Music Exchange(Manchester)Limited(The)
00864717
Notable Risks
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 05/07/2025
Due 19/07/2026
Industry
Officers
director · Since 11/07/1991
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 79
Also on 2 other boards
secretary · Since 03/11/1995
DIRECTOR
BRITISH · UNITED KINGDOM · Age 71
Also on 11 other boards
director · Since 03/11/1995
DIRECTOR
BRITISH · UNITED KINGDOM · Age 71
Also on 11 other boards
Persons with Significant Control
Music Exchange (Holdings) Limited
Music Exchange, Claverton Road, Manchester, M23 9ZA
Reg: 04882362 · England Company Register · Limited Company
Notified 18/07/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
Insolvency History1 case
Jeremy Nigel Ian Woodside (practitioner) · Tracey Lee Pye (practitioner)
CompanyRankvs 15+ SIC 58110 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£1.3M
Balance sheet strength
Cash
£557k
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£1.8M
Current Liabilities
£502k
Fixed Assets
£80k
Debtors
£388k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.51 | +£1.3M |
| 2024 | 3.15 | +£0 |
| 2023 | 3.12 | +£0 |
| 2022 | 3.84 | +£0 |
| 2021 | 3.44 | +£0 |
| 2020 | 3.34 | +£0 |
| 2019 | 2.50 | — |
Derived from filed accounts. Not audited figures.