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Memory Lane Music Limited

01381252

active
Private Limited Company
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)

Details

5A BEAR LANE, LONDON, SE1 0UH
Incorporated 31/07/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mark Spier

director · Since 01/01/1997

MUSIC PUBLISHER

AMERICAN · UNITED STATES · Age 63

Mrs Lori Sue Spier

secretary · Since 31/12/2013

Also on 1 other board

Mrs Lori Sue Spier

director · Since 31/12/2013

ATTORNEY / LAWYER

AMERICAN · UNITED STATES · Age 58

Also on 1 other board

Persons with Significant Control

Mr Mark Spier

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 63

5a, Bear Lane, London, SE1 0UH

Notified 06/04/2016

CompanyRankvs 7002+ SIC 59200 peers
45

Financial strength4th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£48k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£4k

Current Liabilities

£53k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£108k
20230.15+£104k
20220.80+£3k
20210.76-£5k
20200.74-£12k
20190.76-£16k
20180.88-£4k

Derived from filed accounts. Not audited figures.