Mi7 Music Limited
05578059
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/09/2005
PRODUCER OF MUSIC
BRITISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Mr James Arthur Barnett
British · England · Age 52
1a Melbourn Street, Hertfordshire, SG8 7BP
Notified 29/09/2016
Mr Onyemaechi Ogugua
British · England · Age 60
1a Melbourn Street, Hertfordshire, SG8 7BP
Notified 29/09/2016
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 7563+ SIC 59200 peers33
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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.
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 30/09/2025
Net Worth
-£127k
Balance sheet strength
Cash
£240
Cash in the bank
Net Current Assets
-£133k
Working capital
Current Assets
—
Current Liabilities
£133k
Fixed Assets
£6k
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2025 | -£13k |
| 2024 | -£14k |
Derived from filed accounts. Not audited figures.