Allegro Music Limited
02401451
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/03/2015
MUSICAL INSTRUMENT SALES SERVICE
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
Persons with Significant Control
Mr Christopher Philip Boys
British · England · Age 73
23 Queenborough Lane, Braintree, CM77 7QE
Notified 06/04/2016
Mr Julian Michael Ward
British · United Kingdom · Age 53
16 Rushmoor Drive, Braintree, CM7 1TW
Notified 03/04/2020
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
ARBYTHNOT LATHAM & CO LTD
CompanyRankvs 392+ SIC 47591 peers42
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£54k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£51k
Working capital
Current Assets
£456k
Current Liabilities
£506k
Fixed Assets
£2k
Debtors
£9k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.90 | +£65k |
| 2023 | 0.83 | -£26k |
| 2022 | 0.87 | -£95k |
| 2021 | 1.13 | — |
| 2020 | 1.00 | — |
| 2019 | 1.13 | — |
| 2018 | 1.24 | — |
Derived from filed accounts. Not audited figures.