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Musicworks (Uk) Limited

03852224

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

14 STOCKPORT ROAD, CHESHIRE, SK8 2AA
Incorporated 01/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Ms Wendy Walker

secretary · Since 23/11/1999

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Lawrence Ogden

director · Since 23/11/1999

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 1 other board

Ms Wendy Walker

director · Since 23/11/1999

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Persons with Significant Control

Wendy Walker

25–50% shares
25–50% votes

British · England · Age 65

14 Stockport Road, Cheshire, SK8 2AA

Notified 06/04/2016

Lawrence Ogden

25–50% shares

British · England · Age 71

14 Stockport Road, Cheshire, SK8 2AA

Notified 06/04/2016

CompanyRankvs 296+ SIC 27900 peers
80

Financial strength74th percentile among SIC peers · 19/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.37× · 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 strength19/25 pts

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

Employees11/15 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 31/10/2024

Net Worth

£264k

Balance sheet strength

Cash

£178k

Cash in the bank

Net Current Assets

£263k

Working capital

Current Assets

£374k

Current Liabilities

£111k

Fixed Assets

£1k

Debtors

£28k

5avg. employees

Tax at Year End

Corp tax£20k

Balance Sheet

Assets less current liabilities£264k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20243.37+£80k
20234.88+£46k
20222.79+£39k
20212.50

Derived from filed accounts. Not audited figures.