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Totnes School Of Guitar Making Limited

04624834

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

RIVERSDALE, TOTNES, TQ9 5JU
Incorporated 24/12/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85520
Cultural education

Officers

Mr Philip John Messer

director · Since 17/09/2004

TEACHER

BRITISH · UNITED KINGDOM · Age 58

Victoria Louise Messer

secretary · Since 01/10/2010

BRITISH

Persons with Significant Control

Mr Philip John Messer

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 58

12, Godfrey Avenue, Paignton, TQ3 1EY

Notified 06/04/2016

CompanyRankvs 181+ SIC 85520 peers
81

Financial strength90th percentile among SIC peers · 23/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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181Totnes School Of Guitar Making Limited
81
How is this score calculated?
Financial strength23/25 pts

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

Employees8/15 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 31/12/2024

Net Worth

£41k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£69k

Current Liabilities

£30k

Fixed Assets

£3k

Debtors

£844

1avg. employees

Tax at Year End(2023)

Corp tax£3k
Dividends paid£5k

Balance Sheet

Assets less current liabilities£42k
Signed by Mr Philip Messer 27/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.31+£7k
20232.91+£8k
20222.23-£13k
20213.09-£427
20203.65-£14k
20194.38+£13k
20182.47—

Derived from filed accounts. Not audited figures.