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Mighty Media Discs Limited

06550063

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

36 MILTON ROAD, WARE, SG12 0PZ
Incorporated 31/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59112
Video production activities

Officers

David John Gooderham

secretary · Since 31/03/2008

RETIRED

BRITISH · Age 83

Mr Paul Gooderham

director · Since 31/03/2008

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Mr Richard Langston

director · Since 01/04/2014

MUSIC INDUSTRY SALESMAN

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Paul Gooderham

50–75% shares
50–75% votes
Appoint directors

British · England · Age 60

36, Milton Road, Ware, SG12 0PZ

Notified 06/04/2016

Mr Richard Langston

25–50% shares
25–50% votes
Appoint directors

British · England · Age 50

21, Mill View Road, Tring, HP23 4EP

Notified 26/09/2017

CompanyRankvs 6157+ SIC 59112 peers
49

Financial strength45th percentile among SIC peers · 11/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6157Mighty Media Discs Limited
55
How is this score calculated?
Financial strength11/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

The financial statements have been prepared under the historical cost convention. The directors have assessed various factors and risks affecting the company and its ability to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at

Key FinancialsYear ending 31/03/2025

Net Worth

£220

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£141k

Current Liabilities

£145k

Debtors

£84k

2avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.97
20241.27
20231.09
20221.12
20211.13

Derived from filed accounts. Not audited figures.