Hi-Tech Music Ltd
06531691
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 12/03/2026
Due 26/03/2027
Industry
Officers
Mohammed Saleem
director · Since 12/03/2008
British
Mohammed Twaseen
director · Since 12/04/2024
British
Mohammed Zabir
director · Since 12/03/2008
British
Former
Mohammed Saleem
secretary · Resigned 24/06/2010
Xl Associates Uk Ltd
corporate secretary · Resigned 19/03/2025
CompanyRankvs 105+ SIC 47630 peers90
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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 31/03/2025
Net Worth
£2.6M
Balance sheet strength
Cash
£2.3M
Cash in the bank
Net Current Assets
£2.4M
Working capital
Current Assets
£2.8M
Current Liabilities
£321k
Fixed Assets
£128k
Debtors
£399k
Tax at Year End
People Costs(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 8.59 | +£0 |
| 2025 | 8.59 | +£273k |
| 2024 | 8.11 | +£217k |
| 2023 | 7.72 | — |
Derived from filed accounts. Not audited figures.