North East Music Co-Operative Limited
03079979
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/02/2000
MUSIC TEACHER
BRITISH · UNITED KINGDOM · Age 62
Also on 1 other board
director · Since 30/03/2000
TEACHER
BRITISH · UNITED KINGDOM · Age 70
Also on 1 other board
director · Since 30/03/2000
TEACHER
BRITISH · UNITED KINGDOM · Age 76
Also on 1 other board
director · Since 02/10/2009
ADMIN MANAGER
BRITISH · UNITED KINGDOM · Age 48
Also on 2 other boards
CompanyRankvs 72+ SIC 85520 peers87
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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 31/08/2024
Net Worth
£108k
Balance sheet strength
Cash
£108k
Cash in the bank
Net Current Assets
£106k
Working capital
Current Assets
£108k
Current Liabilities
£3k
Fixed Assets
£2k
Debtors
£30
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 42.88 | -£9k |
| 2023 | 21.98 | -£412 |
| 2022 | 14.49 | +£3k |
| 2021 | 17.56 | -£1k |
| 2020 | 4.82 | — |
Derived from filed accounts. Not audited figures.