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Fast Lane Music Limited

05575749

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

321 HIGHTERS HEATH LANE, BIRMINGHAM, B14 4TA
Incorporated 27/09/2005

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

90010
Performing arts
90020
Support activities to performing arts

Officers

Susan Mabel Lane

secretary · Since 27/09/2005

SECRETARY

BRITISH · Age 71

Mr David James Lane

director · Since 27/09/2005

MUSICIAN

BRITISH · UNITED KINGDOM · Age 74

Persons with Significant Control

Mr David James Lane

75–100% shares

British · United Kingdom · Age 74

321 Highters Heath Lane, Birmingham, B14 4TA

Notified 27/09/2016

CompanyRankvs 3301+ SIC 90010 peers
68

Financial strength59th percentile among SIC peers · 15/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.64× · 16/20
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 strength15/25 pts

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

Employees7/15 pts

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

Liquidity16/20 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 30/09/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£4k

Current Liabilities

£2k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.64-£943
20233.55+£567
20223.86+£524
20215.86
20204.17
20190.14
20180.12

Derived from filed accounts. Not audited figures.