Back to search

Westcountry Music Limited

05217959

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

2 TURLAKE MEWS, EXETER, EX5 5ER
Incorporated 31/08/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Mrs Madeleine Yvonne Goddard

secretary · Since 31/08/2004

PERSONAL ASSISTANT & SECRETARY

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Mr Andrew Charles Goddard

director · Since 31/08/2004

MUSIC PUBLISHER

BRITISH · UNITED KINGDOM · Age 81

Mrs Madeleine Yvonne Goddard

director · Since 31/08/2004

PERSONAL ASSISTANT AND SECRETA

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Persons with Significant Control

Mrs Madeleine Yvonne Goddard

25–50% shares

British · United Kingdom · Age 77

25, Church Street, Exeter, EX2 5EP

Notified 06/04/2016

Mr Andrew Charles Goddard

25–50% shares

British · United Kingdom · Age 81

25, Church Street, Exeter, EX2 5EP

Notified 06/04/2016

CompanyRankvs 14423+ SIC 90030 peers
46

Financial strength6th percentile among SIC peers · 2/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

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

-£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£643

Current Liabilities

£29k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£26k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£1k
20230.01-£211
20220.03-£903
20210.03

Derived from filed accounts. Not audited figures.