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Music First Audio Limited

04829878

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

8 HIGH STREET, EAST SUSSEX, TN21 8LS
Incorporated 11/07/2003

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 11/07/2025

Due 25/07/2026

On track

Industry

26400
Manufacture of consumer electronics

Officers

Mr Jonathon Guy Billington

director · Since 11/07/2003

AUDIO ENGINEER

BRITISH · GBR · Age 65

Manningtons Ltd

secretary · Since 06/04/2005

BRITISH

Also on 219 other boards

Persons with Significant Control

Mr Jonathan Guy Billington

75–100% shares

British · United Kingdom · Age 65

1 Brackendale, Hastings, TN35 5HN

Notified 06/04/2016

CompanyRankvs 1840+ SIC 26400 peers
75

Financial strength78th percentile among SIC peers · 20/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 42.05× · 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 strength20/25 pts

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

Employees5/15 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 31/08/2024

Net Worth

£32k

Balance sheet strength

Cash

£91

Cash in the bank

Net Current Assets

Working capital

Current Assets

£33k

Current Liabilities

£774

Debtors

£32k

0avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202442.05-£4k
20238.07+£5k
20223.70+£8k
20211.72+£4k
20201.36-£340
20191.33+£2k
20181.30

Derived from filed accounts. Not audited figures.