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Pias Cooperative Limited

03201180

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

Lloyds Wharf, 2 Mill Street, London, SE1 2BD
Incorporated 20/05/1996

Previously known as

Mike Recordings Uk Limited · until 26/09/2023
Pias Cooperative Limited · until 26/05/2021
V2 Records International Limited · until 25/03/2014
Vee Too Limited · until 27/03/2000

Compliance

Last accounts

31/12/2024

dormant

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/08/2025

Due 15/08/2026

On track

Industry

90030
Artistic creation

Officers

Mr Nicholas Bruce Hartley

secretary · Since 01/04/2013

Also on 15 other boards

Mr Kenneth Bruno Gates

director · Since 01/04/2013

DIRECTOR

BRITISH · BELGIUM · Age 63

Also on 4 other boards

Mr Nicholas Bruce Hartley

director · Since 01/04/2013

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 15 other boards

Persons with Significant Control

Pias Recordings Uk Limited

75–100% shares

1, Bevington Path, London, BR5 1AU

Reg: 03625243 · Companies House · Limited Company

Notified 15/08/2025

Former PSCs

Pias Recordings Ltd

Ceased 11/05/2021

Mr Michel Joseph Lambot

Ceased 02/01/2023

Mr Kenneth Bruno Gates

Ceased 02/01/2023

Universal Music Group N.V.

Ceased 15/08/2025

Charges0 outstanding

Charge
satisfied

COUTTS & COMPANY

Created 24/05/2017Registered 02/06/2017Satisfied 23/04/2026
Charge
satisfied

COUTTS & COMPANY

Created 24/05/2017Registered 01/06/2017Satisfied 23/04/2026
charge
satisfied

MORGAN STANLEY DEAN WITTER BANK LIMITED,AS AGENT AND TRUSTEE FOR THE BENEFICIARIES

Created 28/03/2002Registered 10/04/2002Satisfied 05/10/2007

Change History

statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line1Lloyds Wharf
2026-06-10

1 BEVINGTON PATH

post townLondon
2026-06-10

LONDON

postcodeSE1 2BD
2026-06-10

SE1 3PW

CompanyRankvs 7015+ SIC 90030 peers
53

Financial strength98th percentile among SIC peers · 25/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees6/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company ’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/12/2023

Turnover

£1.6M

Annual revenue

Net Worth

£979k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£979k

Current Liabilities

£2.2M

Debtors

£979k

Cost of Sales

£501k

Gross Profit

£1.1M

Admin Expenses

£143k

Operating Profit

£632k

Profit After Tax

£632k

1avg. employees+1
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.45+£129k
20211.69

Derived from filed accounts. Not audited figures.