Music Of Life Limited
03031015
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 01/03/2026
Due 15/03/2027
Industry
Officers
director · Since 19/09/2005
DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 3 other boards
Persons with Significant Control
Mr Christopher Mead France
British · England · Age 72
116, The Hornet, Chichester, PO19 7JR
Notified 06/04/2016
CompanyRankvs 6479+ SIC 59200 peers47
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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.
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
-£13k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£14k
Working capital
Current Assets
£1k
Current Liabilities
£15k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.07 | -£23k |
| 2023 | 0.06 | +£5k |
| 2022 | 0.59 | — |
| 2021 | 1.09 | — |
| 2020 | 1.57 | +£2k |
| 2019 | 1.87 | -£3k |
| 2018 | 0.72 | — |
Derived from filed accounts. Not audited figures.