Orange Music Electronic Company Limited
01289884
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/09/2024
full
Next accounts due
30/06/2026
Confirmation statement
Last: 30/06/2025
Due 14/07/2026
Industry
Officers
director · Since 15/09/1991
CHAIRMAN
BRITISH · UNITED KINGDOM · Age 83
Also on 3 other boards
director · Since 12/09/2006
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 2 other boards
secretary · Since 22/07/2008
BRITISH · ENGLAND · Age 67
Also on 5 other boards
Persons with Significant Control
Omec Holdings Limited
108, Ripon Way, Borehamwood, WD6 2JA
Reg: 09787922 · United Kingdom · Limited Liability Company
Notified 06/04/2016
Charges2 outstanding
CLIFFORD SYDNEY COOPER
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CompanyRankvs 34+ SIC 27900 peers69
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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
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 concern are d
Key FinancialsYear ending 30/09/2022
Turnover
£16.0M
Annual revenue
Net Worth
£11.1M
Balance sheet strength
Cash
£3.3M
Cash in the bank
Profit Before Tax
£2.4M
Bottom line earnings
Net Current Assets
£11.1M
Working capital
Current Assets
£12.9M
Current Liabilities
£1.8M
Fixed Assets
£59k
Debtors
£8.2M
Cost of Sales
£11.5M
Gross Profit
£4.5M
Admin Expenses
£2.2M
Operating Profit
£2.4M
Profit After Tax
£2.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 7.09 | +£2.1M |
| 2021 | 7.70 | +£876k |
| 2020 | 6.59 | +£134k |
| 2019 | 11.97 | — |
Derived from filed accounts. Not audited figures.