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Music In Print Limited

01250515

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ACRE HOUSE, LONDON, NW1 3ER
Incorporated 23/03/1976

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/01/2026

Due 22/01/2027

On track

Industry

47591
Retail sale of musical instruments and scores

Officers

Mohammed Chahdi

director · Since 12/10/2024

GROUP COO

CANADIAN · UNITED STATES · Age 44

Also on 1 other board

Persons with Significant Control

Former PSCs

Music Sales Group Limited

Ceased 03/04/2018

CompanyRankvs 563+ SIC 47591 peers
24

Financial strength0th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

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

Going Concern Doubt

place in respect of the proposed reorganisation. The timing, structure and outcome of any reorganisation therefore remain uncertain. The directors have assessed the Company's ability to continue as a going concern and have concluded that the Company will have adequate resources to meet its obligations as they fall due for a period of at least twelve months from the date of approval of these financ

Key FinancialsYear ending 31/12/2025

Net Worth

-£6.3M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

-£6.2M

Working capital

Current Assets

£2.3M

Current Liabilities

£8.6M

Debtors

£1.1M

0avg. employees-2

People Costs(2023)

Wages & salaries£741k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27+£174k
20240.10-£169k
20230.08—

Derived from filed accounts. Not audited figures.