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New State Music Limited

04027009

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

58 ROCHESTER PLACE, LONDON, NW1 9JX
Incorporated 04/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90020
Support activities to performing arts

Officers

Mr Michael Edgar Jones

secretary · Since 04/07/2000

ACCOUNTANT

BRITISH · Age 78

Also on 11 other boards

Mr Timothy Richard Binns

director · Since 04/07/2000

CONSULTANT

BRITISH · ENGLAND · Age 58

Also on 8 other boards

Mr Thomas Edgar Parkinson

director · Since 04/07/2000

CONSULTANT

BRITISH · ENGLAND · Age 59

Also on 11 other boards

Mr Michael Edgar Jones

director · Since 14/02/2024

ACCOUNTANT

NEW ZEALANDER · ENGLAND · Age 78

Also on 11 other boards

Persons with Significant Control

Mr Thomas Edgar Parkinson

25–50% shares

British · England · Age 59

58, Rochester Place, London, NW1 9JX

Notified 01/07/2016

Mr Timothy Richard Binns

25–50% shares

British · England · Age 58

58, Rochester Place, London, NW1 9JX

Notified 01/07/2016

Mr Michael Edgar Jones

Significant control

New Zealander · United Kingdom · Age 81

58, Rochester Place, London, NW1 9JX

Notified 01/07/2016

Mr Michael Edgar Jones

25–50% shares

New Zealander · England · Age 78

58, Rochester Place, London, NW1 9JX

Notified 19/03/2025

CompanyRankvs 9815+ SIC 90020 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.92× · 6/20
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 strength1/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

-£45k

Balance sheet strength

Cash

£889k

Cash in the bank

Net Current Assets

-£82k

Working capital

Current Assets

£925k

Current Liabilities

£1.0M

Fixed Assets

£28k

Debtors

£36k

Profit After Tax

£0

0avg. employees

Balance Sheet

Assets less current liabilities-£54k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.92

Derived from filed accounts. Not audited figures.