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Musical Instrument Sales Limited

06014851

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)
  • Current liabilities exceed current assets (-10)

Details

UNION HOUSE, COVENTRY, CV1 2NT
Incorporated 30/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Michael Potts

secretary · Since 30/11/2006

BRITISH

Andrew John Lovell

director · Since 30/11/2006

MUSICIAN

BRITISH · UNITED KINGDOM · Age 70

Persons with Significant Control

Mr Andrew John Lovell

75–100% shares
significant-influence-or-control-as-firm

British · England · Age 70

Union House, 111 New Union Street, Coventry, CV1 2NT

Notified 06/04/2016

CompanyRankvs 4453+ SIC 73110 peers
68

Financial strength62th percentile among SIC peers · 16/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8.33× · 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 strength16/25 pts

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

Employees2/15 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 30/11/2024

Net Worth

£4k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£4k

Current Liabilities

£530

Debtors

£10

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20248.33+£322
20239.69+£982
20226.20+£366
20215.31+£444
20204.42+£463
20192.83-£63
20182.88

Derived from filed accounts. Not audited figures.