Musicity Limited
07351646
Some Concerns
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 20/08/2010
Persons with Significant Control
Mr Nicholas Luscombe
British · England · Age 60
76 Rennie Court, 11 Upper Ground, London, SE1 9NZ
Notified 20/08/2016
CompanyRankvs 11767+ SIC 90030 peers52
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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 31/08/2024
Turnover
£27k
Annual revenue
Net Worth
£28k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£28k
Working capital
Current Assets
£28k
Current Liabilities
—
Profit After Tax
£2k
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | +£15k |
Derived from filed accounts. Not audited figures.