Back to search

True Playaz Music Limited

03221480

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

THE COUNTING HOUSE WATLING LANE, DUNMOW, CM6 2QY
Incorporated 08/07/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Mr Kevin Elliot Ford

director · Since 09/07/1996

MUSICIAN

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr Pascal William Redpath

director · Since 09/07/1996

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Pascal William Redpath

25–50% shares

British · England · Age 54

17, Northcroft, High Wycombe, HP10 0BP

Notified 06/04/2016

CompanyRankvs 3473+ SIC 90030 peers
72

Financial strength87th percentile among SIC peers · 22/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 6.29× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£52k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£62k

Current Liabilities

£10k

Fixed Assets

£517

Balance Sheet

Assets less current liabilities£53k
Signed by Mr Pascal Redpath 28/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.29+£2k
20236.41+£6k
20225.89
20215.55
20205.03
20194.84
20185.20

Derived from filed accounts. Not audited figures.