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Music Arts Ltd

08183740

active
Private Limited Company
england wales
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

MPK HOUSE, LEICESTER, LE4 7SL
Incorporated 17/08/2012

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 17/08/2025

Due 31/08/2026

On track

Industry

90020
Support activities to performing arts

Officers

Mr Pravin Mohanlal Majithia

director · Since 17/08/2012

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 4 other boards

Persons with Significant Control

Mr Pravin Mohanlal Majithia

75–100% shares

British · England · Age 73

Mpk House, 318 Melton Road, Leicester, LE4 7SL

Notified 11/08/2016

CompanyRankvs 4469+ SIC 90020 peers
62

Financial strength80th percentile among SIC peers · 20/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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5Hawthorn Theatrical Limited
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6Teland Limited
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10Paul Mathew Transport Limited
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4469Music Arts Ltd
57
How is this score calculated?
Financial strength20/25 pts

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

Employees7/15 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.

Longevity14/15 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 31/08/2024

Net Worth

£26k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£27k

Current Liabilities

£28k

1avg. employees

Tax at Year End(2019)

Corp tax£360

Balance Sheet

Assets less current liabilities£26k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97+£7k
20236.52+£3k
202219.27+£0
202119.27-£2k
202015.34-£3k
20199.50+£2k
20187.44—

Derived from filed accounts. Not audited figures.