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Resident Music Limited

04750898

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

15 WEST STREET, BRIGHTON, BN1 2RL
Incorporated 01/05/2003

Compliance

Last accounts

30/07/2025

total exemption full

Next accounts due

29/04/2027

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

47630
Retail sale of music and video recordings in specialised stores

Officers

Natasha Youngs

secretary · Since 13/05/2003

RETAIL MANAGER

BRITISH · UNITED KINGDOM · Age 51

Mr Derry John Watkins

director · Since 13/05/2003

RETAIL MANAGER

BRITISH · ENGLAND · Age 62

Ms Natasha Youngs

director · Since 13/05/2003

RETAIL MANAGER

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Derry John Watkins

25–50% shares
25–50% votes

British · England · Age 62

28, Kensington Gardens, Brighton, BN1 4AL

Notified 06/04/2016

Ms Natasha Youngs

25–50% shares
25–50% votes

British · England · Age 51

28, Kensington Gardens, Brighton, BN1 4AL

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

TRICO LIMITED

Created 12/03/2004Registered 02/04/2004
charge
satisfied

HSBC BANK PLC

Created 19/01/2004Registered 20/01/2004Satisfied 25/06/2025

CompanyRankvs 25+ SIC 47630 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.05× · 12/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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 30/07/2025

Net Worth

£112k

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£384k

Current Liabilities

£365k

Fixed Assets

£123k

Debtors

£108k

24avg. employees-1

Tax at Year End

Corp tax£100k

Balance Sheet

Assets less current liabilities£142k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05+£92k
20240.82-£25k
20231.04-£69k
20221.26-£128k
20211.44

Derived from filed accounts. Not audited figures.