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Metronome Distribution Limited

04419420

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BRYNDON HOUSE, NEWQUAY, TR7 1AD
Incorporated 17/04/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Timothy Hugh Smithies

director · Since 17/04/2002

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 2 other boards

Mark Nicholas Smithies

secretary · Since 29/04/2004

BRITISH · Age 65

Persons with Significant Control

Mr Timothy Hugh Smithies

75–100% shares

British · United Kingdom · Age 68

Bryndon House, 5-7 Berry Road, Newquay, TR7 1AD

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 18/07/2002Registered 27/07/2002

CompanyRankvs 9858+ SIC 59200 peers
26

Financial strength3th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£69k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£76k

Working capital

Current Assets

£12k

Current Liabilities

£87k

Fixed Assets

£6k

0avg. employees

Director Loans(2023)

Company owes directors£54k

Balance Sheet

Assets less current liabilities-£69k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.13+£0
20250.13-£74k
20240.06+£0
20230.13+£0
20220.29+£0
20210.20

Derived from filed accounts. Not audited figures.