Downtown Music Uk Limited
07452621
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 13/05/2025
Due 27/05/2026
Industry
Officers
director · Since 05/03/2024
SENIOR VICE PRESIDENT
BRITISH · ENGLAND · Age 47
Also on 4 other boards
Persons with Significant Control
Universal Music Group N.V.
80, ‘S Gravelandseweg, Hilversum
Reg: 81106661 · Kamer Van Koophandel · Public Limited Company
Notified 20/02/2026
Former PSCs
Mr Thomas Campbell Myers
Ceased 20/02/2026
Mrs Laura Rose Davies
Ceased 20/02/2026
Mrs Jessica Blair Kimmel
Ceased 20/02/2026
Charges0 outstanding
CITY NATIONAL BANK AS COLLATERAL AGENT AND TRUSTEE FOR EACH OF THE SECURED PARTIES (AS SUCH TER
BERINGEA LLP
BERINGEA LLP (THE "SECURITY TRUSTEE")
CompanyRankvs 6518+ SIC 59200 peers51
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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 31/12/2024
Net Worth
-£7.4M
Balance sheet strength
Cash
£1.4M
Cash in the bank
Net Current Assets
-£7.4M
Working capital
Current Assets
£53.3M
Current Liabilities
£60.6M
Fixed Assets
£3k
Debtors
£51.9M
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.88 | -£1.3M |
| 2023 | 0.89 | — |
| 2022 | 0.80 | — |
| 2021 | 0.81 | — |
| 2020 | 0.71 | — |
| 2019 | 0.79 | — |
| 2018 | 0.82 | — |
Derived from filed accounts. Not audited figures.