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David Childs Music Limited

08231460

active
Private Limited Company
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

5 CAERPHILLY ROAD, NEWPORT, NP10 8LE
Incorporated 27/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
90010
Performing arts

Officers

Mr David Richard Peter Childs

director · Since 27/09/2012

MUSICIAN

BRITISH · WALES · Age 45

Also on 3 other boards

Mrs Joanne Childs

secretary · Since 30/01/2013

Persons with Significant Control

Mr David Richard Peter Childs

75–100% shares

British · Wales · Age 45

5, Caerphilly Road, Newport, NP10 8LE

Notified 06/04/2016

CompanyRankvs 18259+ SIC 47910 peers
65

Financial strength73th percentile among SIC peers · 18/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

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 31/12/2024

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£6k

Current Liabilities

£8k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70-£8k
20231.26+£6k
20210.98-£1k
20201.18+£2k
20191.33-£928
20182.14

Derived from filed accounts. Not audited figures.