New Music Productions Ltd
05517142
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Steindora Gunnlaugsdottir
Icelandic · Iceland · Age 57
Hringbraut 119, 107 Reykjavik, Iceland
Notified 30/06/2016
Mr Fridrik Karlsson
Icelandic · Iceland · Age 66
Eidistorg 9, 170 Seltjarnarnes, Iceland
Notified 30/06/2016
CompanyRankvs 16842+ SIC 90030 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
-£7k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£16k
Working capital
Current Assets
£5k
Current Liabilities
£21k
Fixed Assets
£12k
Debtors
£5k
Tax at Year End(2021)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.24 | +£3k |
| 2023 | 0.08 | +£3k |
| 2022 | 0.16 | -£1k |
| 2021 | 0.17 | — |
Derived from filed accounts. Not audited figures.