Iq Music Limited
01863098
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/01/2017
NONE
BRITISH · ENGLAND · Age 41
Also on 5 other boards
Persons with Significant Control
Sentric Music Limited
4th Floor, Walker House, Liverpool, L2 3YL
Reg: 05721428 · Companies House · Private Limited Company
Notified 27/01/2017
Former PSCs
Mrs Kathleen Iqbal
Ceased 27/01/2017
Mr Shahul Hameed Mohamed Iqbal
Ceased 27/01/2017
Charges0 outstanding
BARCLAYS BANK PLC
CompanyRankvs 18018+ SIC 90030 peers43
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2019
Net Worth
-£112k
Balance sheet strength
Cash
£331k
Cash in the bank
Net Current Assets
-£112k
Working capital
Current Assets
£879k
Current Liabilities
£991k
Debtors
£549k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2019 | 0.89 | +£7k |
| 2018 | 0.85 | — |
Derived from filed accounts. Not audited figures.