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Stayfree Music Limited

03318951

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

Details

2-4 FROG ISLAND, LEICESTER, LE3 5AG
Incorporated 14/02/1997

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

90040
Operation of arts facilities

Officers

Mr Ian Peter Redhead

director · Since 14/02/1997

REHEARSAL STUDIO MANAGER

BRITISH · UNITED KINGDOM · Age 67

Miss Caroline Anne Wright

secretary · Since 01/02/2011

Persons with Significant Control

Mr Ian Peter Redhead

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors

English · United Kingdom · Age 67

2-4, Frog Island, Leicester, LE3 5AG

Notified 14/02/2017

CompanyRankvs 86+ SIC 90040 peers
84

Financial strength79th percentile among SIC peers · 20/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.71× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 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 30/09/2024

Net Worth

£33k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£31k

Current Liabilities

£7k

Fixed Assets

£9k

Debtors

£27k

8avg. employees-4

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£34k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.71+£11k
20233.26+£11k
20221.35-£996
20211.34
20200.35
20190.20-£861
20180.55

Derived from filed accounts. Not audited figures.